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 [...]
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 [...]
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.
When someone hears 1031 exchange, they think real estate, but 1031 is incredibly diverse and flexible with a little planning. One sector of 1031 exchange that has really taken off is GOLD. Yes, you can exchange gold for other gold. Why exchange gold? If it is done properly, you avoid all the taxable gains on [...]
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 [...]
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 [...]
February 2, 2011 – As I got ready to head to the Chicago Office for a two day trip, I checked the weather, and it was the typical winter forecast of 25 degrees with flurries. That was 24 hours before I left. As I was headed the airport at 7am on Monday, I was listening to the news and discovered I was headed to the Blizzard of the Century. What are the odds? This blizzard was interesting because they had thunder snow. Seeing Thunder and Lightning in the middle of a snow storm is freaky. I am now stranded in Chicago for two extra days.