Advanta IRA Trust – Real Estate IRAs

For Immediate Release

February 21st, 2012 – AdvantaIRA Trust, LLC is proud to announce the hire of Miami’s Regional Sales Manager, Kevin Collins. Kevin is from Fort Lauderdale, FL and brings over twelve years of financial services experience to his new role.  He has direct knowledge of various alternative asset classes including real estate, secured notes, managed futures, and hedge funds. Kevin will work out of the company’s new South Florida office and focus on expanding the firm’s footprint in the Dade, Broward, and Palm Beach markets.

 AdvantaIRA is committed to the classic American goal of financial independence, especially during retirement. As secure retirement becomes increasingly challenging, some investors want to learn about and take advantage of a wider range of investment options to attain their goals. We are the leaders in self-directed IRAs and real estate IRAs, custodial services and educational curriculum that help clients to build wealth with investments that they know, understand and control.

For further information about AdvantaIRA, call us at (239)-333-1031, or visit the company website at www.AdvantaTrust.com.

Each year the IRS adjust the rules and limits for IRA’s, 2012 is no different. For any individual who holds an IRA staying up to date on the rules is crucial. Not knowing the rules can result large fines, penalties, and possible the loss of the IRA tax shelter benefits.

For Traditional IRA’s in 2012 nothing has really changed. Contribution limits continue to be $5,000 for individuals under 50 and a $6,000 for individuals over the age of 50. Individuals over the age of 50 are allowed to contribute an extra $1,000 as a ‘catch-up’ contribution because they are closer to retirement age. Read the rest of this entry »

For Immediate Release – February 1st, 2012- AdvantaIRA Trust, LLC is excited to announce the expansion and opening of their newest office in the Miami area. AdvantaIRA specializes in Self Directed IRAs specifically real estate IRAs and private lending in IRAs. Advanta has been in business in Florida for over 9 years with offices in Fort Myers and Gainesville. The new South Florida office will be located at 950 South Pine Island Road,. AdvantaIRA prides itself on tremendous service and enthusiasm to help clients meet their financial goals. The new office will be led and managed by Kevin Collins, an experienced professional in the Alternative Asset Industry. The Miami phone number is 786-275-5870

For more information on AdvantaIRA Trust and the services they offer go to www.AdvantaTrust.com

There was an interesting article in today’s Wall Street Journal that detailed Presidental hopeful Mitt Romney’s IRA and what he owns in it.  Low and behold Mitt has a self-directed IRA.  Mitt holds several private and alternative investments.  Most notably in his portfolio is a Bain Capital shares or membership interest.

Mr. Romney has a excellent tax planning team that has layered his investments for liability protection and tax sheltering.  The article was correct on many key facts.  The article pointed out the IRAs that own businesses are subject to UBIT tax.  They were not sure if Mr. Romney was paying UBIT becasue of the offshore corporation that was set up for asset protection. I would assume he is not paying UBIT because that is the way the law does not require if if you own an offshore corporation. Read the rest of this entry »

Dear Friends,

I just wanted to send some great news. Effective tomorrow, we will be transitioning to a new and better business structure. For the last nine years, we have been affiliated with a company out of California where we shared resources, systems and marketing. Because of the economy and other factors, we have mutually agreed that it is in our best interest to operate separately. Effective December 31st, we will be known as AdvanatIRA Trust, LLC. Our goal is to continue as the leader in Self-Directed IRAs. Read the rest of this entry »

It’s the Most Wonderful Time of the Year… time for tax invoices! Now is the time of year that our local counties start mailing those much loved property tax invoices to real estate owners. Recently, we have seen a huge spike in the number of tax invoices submitted for payment. As Real Estate is one of the most popular investments in self-directed retirement plans, we expect to see many more. Have you received your early holiday present this year? If you have a retirement plan invested in real estate, chances are that you already have. Many clients have called in with questions in regards to property taxes and how or if they should pay them. Firstly, if you have invested in Real Estate using your retirement plan, keep in mind that all expenses associated with the property must be paid by the retirement plan. Read the rest of this entry »

“Dave, what can I invest in to get some better returns?” – This has to be one of the most common questions I get.  Who wants to get 1 percent on a CD? Everyone wants the perfect investment.  While I don’t sell products and I don’t get a commission, I will tell you a solid investment for the Self Directed IRA investor is private lending.  All interest paid to the private note is tax free to the IRA (or lender in this case).

What is investing in notes or private lending?  While no investment is guaranteed, notes give investors the ultimate control.  Let me give you a quick example of private lending with an IRA.  Most investors do not know that you can be
the bank.  Your IRA account can lend money to non-related parties. Read the rest of this entry »

For immediate release  – December 3, 2011 – AdvantaIRA Trust, LLC is proud to assist in organizing the Royal Palm Business Association Food Drive for the Harry Chapin Food Bank.  Over 25 local businesses in the Royale Palm Square Blvd Area of Fort Myers are collecting food for the holidays.  The final collections will be December 15.  If you would like to make a donation please stop by the main drop off point at 1520
Royal Palm Square Blvd #320 in Fort Myers.  AdvantaIRA and its staff will come to your office for pickup if you would like to contribute. No Hunger for the Holidays is the theme of this year’s
food drive.

For further information about the AdvantaIRA contact Amy Blanco, or visit the company website at www.advantaTRUST.com or call (239)-333-1031.

Self-Directed IRAs offer investors unique opportunities to diversify and purchase tangible assets in retirement accounts. Several Real Estate IRA companies have combined efforts to track investment purchases of
real estate or real estate type assets in IRA accounts in Florida.  Real estate type assets would include notes/mortgages (private lending), tax certificates or LLCs that purchase real estate. Read the rest of this entry »

The old saying goes opportunity is the mother of invention, and it definitely holds true for investors in today’s economy .  The bank’s pain can be an investor’s gain. We have seen many IRA investors purchase bank foreclosures or REOs, but there is another opportunity with a large upside available to investors.

Many banks have decided not to hold their troubled debt properties to foreclosure, and have opted to instead sell the note and mortgage as an asset.  These troubled debts are usually sold at a deep discount, offering the investor great opportunities.  Different scenarios for the investor include restructuring the debt with the borrower, or holding the note to complete the foreclosure process.  While this investment strategy is not for the new investor,  it can be a smart move if you get professional due diligence on the asset. Read the rest of this entry »