REALTY411

The Original Realty Magazine

Turbo Charging Your Investing Through Your IRA

One of the best rewards of being in real estate over the past few years is seeing how more individuals and families are taking advantage of self-directed retirement accounts to fast track their investments and pay less in taxes.

This is a great country that still has a lot of freedoms and opportunity. If we take advantage of them that is. Not many people love talking taxes. That’s why they end up getting completed sabotaged by them. You can make a lot of money and make really smart investments, but without the right structure you’re going to end up losing most of that to different forms of taxes. How much you get to keep is so much more important.

I’ve seen a lot of people use these tools to really gain a lot of time by catching up on their retirement and passive income goals quickly. Spending a few minutes to find out the options available can really make a world of difference in your investment returns. The peace you can get from that is really priceless, and can be absolutely life changing.

Quick Tips for Turbo Charging Your Retirement Portfolio

Having spoken at events and met thousands of investors all over the country there is one big difference I find between those that have access to $50,000 ot $150,000 to immediately invest and are just fine tuning their portfolio performance for the better, and the rest. That is those who don’t, more often than not, haven’t started investing for retirement seriously. Those that have dragged their feet often look at the annual contribution limits and think “that’s not enough to make a good real estate or private money investment,” or “it will just take too long.”

That doesn’t have to be true. There are ways to really speed up your traction.

Non-Performing Second Mortgages

These are smaller balance mortgage note assets, and you can still buy them at discounts. That means you don’t need a ton of cash to get started in generating passive income or bulking up your nest egg by working out these notes and reselling them. You can also choose re-performing loans (RPLs) or performing loans if you prefer.

Partnering with Other IRAs

If you are just starting out and you are capped at $5,000 ot $6,000 to put in your IRA this year, and then again in April, that may not sound like a lot. However, you can partner up with other people in the same position to acquire investments. Or they might have a lot more in a 401k they can roll over into a self-directed account.

Then there are spousal IRAs and you can even open a custodial Roth IRA for your kids. So, for a family of four, you could open four IRAs and max out the contributions in every account. If you are doing this right ahead of this year’s tax deadline, you can double that by immediately maxing out contributions for 2019. Then you’re talking about $44,000 to begin investing with.

Wraps

There are plenty of creative real estate financing strategies you can take advantage of too. Your IRA cannot take on traditional debt. Though it can leverage non-recourse loans, acquire debt, or create notes. This means wrap around mortgages, seller financing and other strategies are possible. With just a couple thousand dollars in your retirement account account you can quickly potentially acquire and control hundreds of thousands of dollars in property and their income streams.

I am not personally a tax specialist, though I have worked with IRA custodians, SEC attorneys and CPAs for years. I have also worked with thousands of investors and have personally seen the incredible difference these tools can make. It can mean you’ll have to work and sacrifice a lot less to get the same results. And you’ll keep a lot more of what you make. You can successfully pass on a lot more of that to the people you are doing this all for too. So, I strongly recommend talking to an SDIRA professional and having them quickly let you know which structures are the best fit, and then finding great alternative investments to put in them.

Investment Opportunities

Find out more about investing in secured debt and real estate, go to NNG Capital Fund

Views: 20

Comment

You need to be a member of REALTY411 to add comments!

Join REALTY411

Realty411, the original realty investment publication is owned by active real estate investors. Our magazine & network was created in 2007.

About

Forum

3333 Mill Valley Trace Dacula Ga 30019

Started by Mullis Team/Virtual Properties R Jul 13. 0 Replies

STUNNING EXECUTIVE HOME SPORTING 6 BEDROOMS 4.5 BATHS FORMAIL ENTRY,2-STORY GREAT ROOM W/CUSTOM FIREPLACE LEADS TO OVERSIZED TREX DECK,FORMAL LIVING$DINING ROOMS, ROCKING CHAIR FRONT PORCH MASTER ON MAIN, WHIRLPOOL TUB&SEP SHOWER,PLUS 3 BEDS AND 2 BATHS ON OPPER LEVEL,TERRACE LEVEL W/2 BEDS,FULL BATH,SEPARATE REC ROOM AND MEDIA ROOM,SEPARATE OFFICE LEADS TO PRIVATE PATIO,NEW KITCHEN,NEW HARDWOOD FLOORS,NEW TILE,NEW APPLIANCES,NEW PAINT,NEW CARPET, ROOM FOR POOL,HAMILTON MILLS OFFERS…Continue

Tags: high, creek, school, Virtual, Realty

1776 Lake Lucerne Road Lilburn Ga 30047

Started by Mullis Team/Virtual Properties R Jul 10. 0 Replies

THIS IS AN UNDEVELOPED LOT WITH 1.7 ACRES. GREAT , PRIVATE BUILDING LOT . GREAT SCHOOLS-PARKVIEW ,TRICKUM , AND MOUNTAIN VIEW CLOSE TO HWY 78, CLOSE TO DOCTORS ETC.Presented At $129,000Virtual Properties Realty Linda Mullis Cell 404 925 5260 Office 770 495 5050https://www.youtube.com/watch?v=xM9ACi9B1XgContinue

Tags: sale, virtual, properties, realty.com, for

Get the MOST out of this VIP Group

Started by Realty411 Magazine Sep 21, 2018. 0 Replies

Hello, Realty411 VIP Members;Welcome to our VIP private social media network. This system allows many important features to help you stay connected with us and other investors in our network.Please read this note carefully, and if you have any questions, give us a call at: 805.693.1497. We are available Monday thru Saturdays, from 9 am to 5 pm PST.So that we may connect with you, please add your photograph. This can easily be done by going to "My Page" and adding a photo on the left hand side.…Continue

Tags: network, social, realty411

Save up to $9,600 for every employee you hire.

Started by Larry Potter. Last reply by Larry Potter Jul 3, 2018. 2 Replies

Hello,Keeping businesses informed of new or expanded Federal Tax Programs is very important to us. We’ve identified a tax credit that Client Company immediately qualifies for and want to reach out to you personally.This program falls under the Worker’s Opportunity Tax Credit (WOTC), and is a Federal tax credit available to all employers who hire and retain qualified individuals. Employers currently claim about $1 billion in credits each year…Continue

Tags: Stryde, Solutions, GMC, Credit, Tax

© 2019   Created by Realty411 Magazine.   Powered by

Badges  |  Report an Issue  |  Terms of Service