There are opportunities for small investors to participate in these bank distressed notes. Many private equity firms like Silverleaf Advisors specialize in the techniques listed above. These companies will do all of the collateral and legal due diligence and will handle 100% of the day to day management. Silverleaf engineers and manages the foreclosure process to and has successfully reduced the foreclosure time to maximize returns. Doug Hannah of Silverleaf states, “Our company handles the leg work for our investors, so they don’t have to be an experts in purchasing notes. After purchasing over 125 notes, banks continue to bring us additional product as qualified buyer of these instruments.
Firms like Silverleaf have capitalized on these markets early and netted very positive returns for their investors over the last 3 years.
How many times have you heard it said we live in the greatest country in the world? We have running water in every building, store shelves are stuffed to the hilt, and pretty much the best health care in the world. We are not perfect, but we have it pretty good.
Today, we had one of the largest drops in stock market history. For retirees and soon to be retired, this is their worst nightmare. The last five years have been a disaster that continues to have no resolution in sight. Who would have ever believed it would come to this? I heard CNN blame Europe for much of our economic problems the last week, but our own house is a mess, and there is no leadership in sight from either party.
We are often asked if a client who is doing an exchange can offer seller financing to the buyer, and still take advantage of the benefits of doing a 1031 exchange. Should you decide to do seller financing with your relinquished property, it is important to note that the loan must be paid off prior [...]
On many occasions, I have been contacted by a client who wants to purchase a future home with their IRA. Many have the misconception that once they turn 59.5 years old, they can live in the home. It is possible to purchase a home with your IRA and eventually live in that home, but it [...]
Energy demands and rising commodity prices continue to dominate our economy. The opportunity is there for your IRA to invest in energy resources. Investors can take advantage of this opportunity by in investing their retirement fund in non-traditional assets via their self-directed IRA.
For over a Century, Americans have been involved in investing in energy. There are two primary investments purchased in IRAs – mineral right deeds and LLCs that invest in energy products (wells, technology or exploration). There is an opportunity for tremendous growth in these industries. The IRA offers the opportunity of tax free growth on investment profits.
Under the current law, a reverse 1031 exchange can be accomplished by following Revenue Procedure 2000-37. Under this technique, the Exchangor or Client typically purchases their replacement property before they have secured a buyer for their exiting property, and parks title to the replacement property with an Exchange Accommodation Titleholder (EAT). Most Qualified Intermediaries also [...]
IRA Contribution FAQs Contribution limits change from year to year and it’s important to keep track of the rules whether you have an IRA or are looking to open one. We’ve provided a simple FAQ to help you understand and manage annual contributions to your IRA. What is an IRA contribution? An IRA contribution is [...]
In our changing economic times, it is more important than ever to focus on our retirement planning and financial futures. For most of us, we have never seen the wild ride that the financial markets have shown us the last few years. Just as we check our calories, blood pressure and weight on a regular [...]
Whenever I tell someone that we are a Qualified Intermediary for 1031 Exchanges, I almost always get the response “1031?! Are people still doing those? I didn’t think those were still being done in this economy.”