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 »
Posted by admin On July 6th
Investors often think they cannot make deals happen because they don’t have the experience or complete capital to drive an investment. However, through the past couple of weeks I have seen more and more individuals coming together to form partnerships for sound investment opportunities.
For example, I have had discussions with many investors interested in real estate investing, however are involved in a different profession. This may discourage them from traveling down a path in which they are unfamiliar. This is a valid concern. Read the rest of this entry »
Posted by theresaknower On June 9th
No matter where you go, or who you talk to, the SWFL real estate market is always a topic that sparks an emotional response. Buyers and sellers alike are anxiously waiting for the “bottoming out” that everyone has been saying is eminent since 2008.
Short sales and foreclosures are one of the hot topics that industry professionals and investors like to talk about. Even considering what a good deal they are, one would wonder who would be interested in buying a property that is in need of major rehab or could take up to six months to close. Read the rest of this entry »
Posted by daveowensfl On May 10th
One of the most complicated areas of self directed IRAs is Unrelated Business Income Tax (UBIT). It is commonly called UBIT. In certain situations, an IRA can owe taxes. UBIT will apply to specific types of accounts: Traditional IRAs, Roth, Simple, SEP and Educational Savings Plans (ESA). UBIT will not apply to 401(k) plans. It is important to discuss with your tax advisor the consequence of UBIT and how it will affect you. Basically, tax is owed on the non-IRA portion of an investment; usually it applies to the financed portion of investment. Read the rest of this entry »
Posted by brandonhall On April 12th
There have been several occasions over the years where a client of Entrust Freedom, LLC will ask us questions about our administration fees. In some cases, people will question why we charge an administration fee at all. I mean, after all, Charles Schwab and most of the other securities brokerages do free IRA administration. Similarly, local banks will administer your IRA for free as well. However, there is one big difference between Entrust Freedom and these other organizations. Entrust Freedom does not sell any investments. Read the rest of this entry »
Posted by danfisher On April 5th
By Dan Fisher, Financial Consultant, Entrust Freedom
Recently I was assisting a new client with his new self directed IRA. Our client wanted to purchase a piece of real estate with his new Entrust self directed IRA. He was funding his new account by transferring 3 different IRAs into his Entrust IRA. As I continued to discuss our clients account and upcoming transaction he disclosed to me that one of the IRA’s he was planning on transferring was a Roth. He did not know that he could not transfer a Traditional IRA into a Roth IRA without doing a conversion and paying the taxes. Read the rest of this entry »
Posted by daveowensfl On March 26th
Healthcare makes retirement accounts more attractive
Whatever you think of health care, it will dramatically change all our lives. For “higher income” taxpayers that make over $200,000 ($250,000 for a joint return), there will be dramatic changes. One of the key elements to pay for health care is the “Medicare Tax”. Congress and President Obama are taxing those “higher income” taxpayers with a new 3.8 percent Medicare tax on all investment income: interest, dividends, royalties, rents, and capital gains.
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