Posted by admin On February 1st
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
Posted by admin On January 1st
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 »
Posted by kelseydineen On December 11th
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 »
Posted by daveowensfl On December 2nd
“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 »
Posted by daveowensfl On November 22nd
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 »
Posted by daveowensfl On February 14th
The Entrust Cruise returned this weekend with rave reviews for its first Self Direction at Sea Cruise. Over 60 investors attended this four day Cruise from Tampa to Cozumel. While the weather was a little sassy, spirits were high for the fourteen hours of free seminars the investors attended. Dave Owens, Managing Member of Entrust Freedom was very thankful for positive response on the new event that the attendees provided. The Cruise was on the Royal Caribbean Radiance of the Seas. Fun was had by all.
Entrust was lucky enough to have 4 great speakers including Dyches Boddiford, Larry Loftis, Tracy Rewey and Fred Rewey. Dyches had two great sessions on IRA investing in an LLC and Prohibited Transactions. Dyches Boddiford is one of the foremost experts in Self Directed IRA and Strategies in the United States. Larry intrigued the crowd on how to invest in his specialty – tax liens and deeds. Tracy focused on Buying and selling cash flow notes and Fred discussed maximizing income strategies with notes. Attendees commented on the wealth of knowledge the speakers brought to this first time event. Read the rest of this entry »
Posted by theresaknower On October 21st
At first glance, the idea of increasing the Capital Gains rate seems like a bad thing. How could increasing tax rates ever be a good thing? Well, for all of us Qualified Intermediaries, this is means potentially more business for us. For those of you Realtors out there who are familiar with 1031 exchanges, this could be your golden opportunity. For those who are a little hazy on what exactly a 1031 exchange is, allow me to give you a brief synopsis. 1031 is a section of the tax code that states if you sell investment real estate and purchase investment real estate of equal or greater value, you defer not only all capital gains, but any applicable depreciation recapture and state taxes. This is a key point to note. You will often hear people say, “I’m just going to cash out, pay my 15% and be done with it.” That may or may not be the case. Sometimes they are looking at paying substantially more than 15%. Read the rest of this entry »
Posted by daveowensfl On October 6th
Our lives are so busy anymore. The current economy is making it harder to get ahead. The good news is that it will get better. I don’t know when. Two years ago, I thought it would have happened by now. Where I live South Florida, there will be no dramatic improvement in the near future. These worries affect people’s decisions.
So what are you doing now with regards to your Financial Life Plan? As Americans, we are terrible planners. Let me give you some statistics. Twenty percent of pre-retirees have spent no time actively planning for retirement. Sixty percent of pre-retirees have spent the same amount of time or more time on home improvement vs. financial planning. Thirty one percent said they would rather clean their bathroom or pay bills than plan for retirement. These statistics are from the Financial Planning Association. Read the rest of this entry »
Posted by brandonhall On September 27th
For every client that buys or lists a house, there is likely a retirement plan belonging to that client that can be self-directed into Real Estate. Many Realtors have started to take advantage of self-directed IRAs. After all, in this economy, many people feel that there are some pretty good real estate deals out there right now. However, a good portion of those who feel this way, do not have the cash to take advantage. That is until they realize they can use money in their IRA to purchase real estate. Read the rest of this entry »
Posted by daveowensfl On August 3rd
Savvy Sanibel and Captiva real estate investors are always looking for deals, and now may be the best time. The Golden Rule of real estate investing has not changed – the profit is made by purchasing at the right price and not over paying. The rule on Sanibel and Captiva has never been truer. For buyers getting property at the right price, the tax laws have never been more favorable. Read the rest of this entry »
