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

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 »

“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.

As part of their quarterly goal process, Entrust Freedom set a new goal last quarter based on client compliments.  For this past quarter, the goal was to score at least 15 in the category of Client Service.  For every compliment we received from a client or colleague, Entrust would give itself 1 point.  For every negative comment or complaint, they would get a -3.  Entrust Freedom has always prided itself on providing superior service, and going above and beyond client expectations, but never tracked it in this way.  It gave us the opportunity to reinforce one of our core company values, which is to Constantly Evolve to Improve and Grow. 

Read the rest of this entry »

A growing investment and strategy in a Self Directed IRA’s are Single Member LLC’s sometimes called IRA LLCs or Checkbook LLCs.  Single Member LLC’s present a very unique opportunity for the savvy investor. Single Member LLC’s are often referred to as Checkbook Control LLC’s.  This is due to the fact that the IRA owner has the ability to write checks on behalf of the LLC. Read the rest of this entry »

Understanding and following the rules of Roth IRA’s is complicated enough in its own right, trying to keep up with the yearly changes makes it even more difficult.  Although there weren’t too many changes to IRA rules for 2011 there are
a few significant ones that should be noted. Read the rest of this entry »

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 act as Exchange Accommodation Titleholders.

This technique is very common, and used by a number of real estate investors.  The three common errors to note are: How will the client pay for the replacement property? Can the client close on the sale of their relinquished property 180 days from the date the new replacement property is purchased? Has the client priced the relinquished property to sell?  There is no recourse if the client does not sell their relinquished property in 180 days.  At that point the EAT would have to return the replacement property to the client.

 Does this sound confusing?  Well, it is, but a qualified exchange company should be able to handle the transaction with very little problem.

 One issue that a slow real estate market can cause in a reverse exchange is the relinquished property does not sell within the 180 days.  Recently, the IRS released a private letter ruling regarding a technique that could help a failing reverse exchange where the relinquished property has not sold by the 180^th day.

Read the rest of this entry »