Real estate held for "investment
purposes only" can be bought by
your IRA and any income that is
generated by the property is not
subject to tax because it is sheltered
by the IRA.
Typical IRA custodians only allow you to
invest in the products that they sell. But
there are companies who do not sell any
products or offer any financial advice, so
they don't limit their clients' investment
decisions.
A Self-Directed retirement plan allows
for IRA investments in a multitude of
areas, such as Real Estate, Secured or
Unsecured Notes, or Investments in
Private Entities such as a LLC or LP.
Most people are just unaware that IRA's
can invest in such "non-traditional"
assets. The main reason people are
unaware is that the majority of the IRA
custodians do not offer non-traditional
assets as an option, so they do not
promote it as a service.
All Real Estate Qualifies for Self
Directed IRAs:
" Condominiums
" Single Family
" Duplex/Triplex
" Commercial
" Raw Land/Farm Land
You have a 401K when you are
employed, a 403B when you are
employed by the Government and when
you quit, you can roll those over to an
IRA - which is an Individual Retirement
Account for the self-employed. There
are self- directed and non-self-directed
with Fidelity, Charles Schwab, etc. Once
you blow out the candles on your
birthday cake at 59.5, you can take
distributions. When you paid money into
your IRA, you had already paid the
taxes when you put it in, so now you
don't have it to pay taxes again when
you take it out, even though your IRA
was working and your capital grew fat
cheeks.
An IRA is administered like a trust, and
the company where you hold the
account is the trustee. The trustee is
the owner of your race horse, the
equipment you lease out, the airplane
your company is renting and if you find
a way to make millions from $5K in your
IRA, it will be all tax free once you reach
the age of 59.5.
IRA's come in different flavors:
ROTH IRA - A Roth IRA is a retirement
savings plan for individuals but it isn't
tax-deferred. Once the individual starts
making withdrawals, the earnings are
tax free.
SEP IRA - A provision that allows an
employer (typically a small business or
self-employed individual) to make
retirement plan contributions into a
Traditional IRA established in the
employee's name, instead of to a
pension fund account in the company's
name.
purposes only" can be bought by
your IRA and any income that is
generated by the property is not
subject to tax because it is sheltered
by the IRA.
Typical IRA custodians only allow you to
invest in the products that they sell. But
there are companies who do not sell any
products or offer any financial advice, so
they don't limit their clients' investment
decisions.
A Self-Directed retirement plan allows
for IRA investments in a multitude of
areas, such as Real Estate, Secured or
Unsecured Notes, or Investments in
Private Entities such as a LLC or LP.
Most people are just unaware that IRA's
can invest in such "non-traditional"
assets. The main reason people are
unaware is that the majority of the IRA
custodians do not offer non-traditional
assets as an option, so they do not
promote it as a service.
All Real Estate Qualifies for Self
Directed IRAs:
" Condominiums
" Single Family
" Duplex/Triplex
" Commercial
" Raw Land/Farm Land
You have a 401K when you are
employed, a 403B when you are
employed by the Government and when
you quit, you can roll those over to an
IRA - which is an Individual Retirement
Account for the self-employed. There
are self- directed and non-self-directed
with Fidelity, Charles Schwab, etc. Once
you blow out the candles on your
birthday cake at 59.5, you can take
distributions. When you paid money into
your IRA, you had already paid the
taxes when you put it in, so now you
don't have it to pay taxes again when
you take it out, even though your IRA
was working and your capital grew fat
cheeks.
An IRA is administered like a trust, and
the company where you hold the
account is the trustee. The trustee is
the owner of your race horse, the
equipment you lease out, the airplane
your company is renting and if you find
a way to make millions from $5K in your
IRA, it will be all tax free once you reach
the age of 59.5.
IRA's come in different flavors:
ROTH IRA - A Roth IRA is a retirement
savings plan for individuals but it isn't
tax-deferred. Once the individual starts
making withdrawals, the earnings are
tax free.
SEP IRA - A provision that allows an
employer (typically a small business or
self-employed individual) to make
retirement plan contributions into a
Traditional IRA established in the
employee's name, instead of to a
pension fund account in the company's
name.
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
| (913) 731 6600 |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
| (913) 731 6600 |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
Hannes Poetter - a passion for real estate |
| (913) 731 6600 |
SIMPLE IRA - A simplified employee
pension plan that allows both employer
and employee contributions, similar to a
401(k) plan, but with lower contribution
limits and simpler (and thus less costly)
administration. Although it is termed an
IRA, it is treated separately.
What Other Savings Plans are Available
For Self-Direction?
Qualified Plans - Qualified plans, such as
employer 401 (k), 403(b), profit sharing
plans or Individual 401(k)'s for the
self-employed can also be self-directed
in many cases.
HSA (Health Savings Account) - A HSA
is the ONLY type of savings plan that
has three tax advantages; A deduction
for contributions, tax-free earnings, and
tax-free withdrawals (assuming the
withdrawals are used for qualified
medical expenses).
ESA (Educational Savings Account ESA's
are savings accounts for your child's
higher education.) The money you put
into this IRA is taxed but the earnings
are not taxed as long as the student
withdraws the money to pay for qualified
education expenses. The student is
designated as the beneficiary and can
make withdrawals at any time.
2011 Contribution Limits
Traditional / ROTH IRA Under age 50:
$5,000 Over age 50: $6,000 SEP IRA
25% of Earnings Max of $49,000
SIMPLE IRA $11,500; $14,000 if over
age 50
401(k) $16,500; $22,000 if over age 50
Plus 25% of Earnings. Max of $49,000;
$54,500 if over age 50 HSA Individual:
$3,050 Family: $6,150 Over age 55, add
$1,000 catch-up ESA $2,000 per child
Besides real estate, you can use your
IRA to hold a private mortgage, a
promissory note, partnerships, LLCs,
private stock for a closed corporation,
currency trading, US Treasury Gold /
Silver - Certain Gold bullion, US Treasury
Coins, or Palladium are also allowed by
the IRS for IRA investment. There are
even oil and gas programs available. An
IRA can invest in lease options, tax
deeds, contracts, structured
settlements, foreign property, Options,
Forex, factoring (accounts receivable),
Foreign Investments (including real
estate), Swiss Annuities and more!
If you have an employer plan, such as a
governmental 403(b) or employer
401(k) plan you may or not be able to
self-direct your investments. Generally
speaking, if the employer plan is from
your current employer, it cannot be
moved from its current administrator. It
depends on how the plan was set up. If
it is an employer plan from a former
employer, it is 100% portable and CAN
be rolled into an IRA with any firm.
pension plan that allows both employer
and employee contributions, similar to a
401(k) plan, but with lower contribution
limits and simpler (and thus less costly)
administration. Although it is termed an
IRA, it is treated separately.
What Other Savings Plans are Available
For Self-Direction?
Qualified Plans - Qualified plans, such as
employer 401 (k), 403(b), profit sharing
plans or Individual 401(k)'s for the
self-employed can also be self-directed
in many cases.
HSA (Health Savings Account) - A HSA
is the ONLY type of savings plan that
has three tax advantages; A deduction
for contributions, tax-free earnings, and
tax-free withdrawals (assuming the
withdrawals are used for qualified
medical expenses).
ESA (Educational Savings Account ESA's
are savings accounts for your child's
higher education.) The money you put
into this IRA is taxed but the earnings
are not taxed as long as the student
withdraws the money to pay for qualified
education expenses. The student is
designated as the beneficiary and can
make withdrawals at any time.
2011 Contribution Limits
Traditional / ROTH IRA Under age 50:
$5,000 Over age 50: $6,000 SEP IRA
25% of Earnings Max of $49,000
SIMPLE IRA $11,500; $14,000 if over
age 50
401(k) $16,500; $22,000 if over age 50
Plus 25% of Earnings. Max of $49,000;
$54,500 if over age 50 HSA Individual:
$3,050 Family: $6,150 Over age 55, add
$1,000 catch-up ESA $2,000 per child
Besides real estate, you can use your
IRA to hold a private mortgage, a
promissory note, partnerships, LLCs,
private stock for a closed corporation,
currency trading, US Treasury Gold /
Silver - Certain Gold bullion, US Treasury
Coins, or Palladium are also allowed by
the IRS for IRA investment. There are
even oil and gas programs available. An
IRA can invest in lease options, tax
deeds, contracts, structured
settlements, foreign property, Options,
Forex, factoring (accounts receivable),
Foreign Investments (including real
estate), Swiss Annuities and more!
If you have an employer plan, such as a
governmental 403(b) or employer
401(k) plan you may or not be able to
self-direct your investments. Generally
speaking, if the employer plan is from
your current employer, it cannot be
moved from its current administrator. It
depends on how the plan was set up. If
it is an employer plan from a former
employer, it is 100% portable and CAN
be rolled into an IRA with any firm.
| Your IRA & Real Estate |
| YourKansasRealEstate.com Hannes Poetter - email - (913) 731 6600 - Miami-County.com |
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