Hard Money Loans for Real Estate Investors Becoming Hot Investment Option for Self-Directed IRA Investors in 2017, According to IRA Financial Group

Significant demand for hard money financing from real estate developers attracting self-directed IRA real estate investors

With IRA Financial Group’s checkbook control self-directed IRA LLC solution, one can use retirement funds to make hard money loans, either secured or non-secured, to non-disqualified persons and generate tax-deferred or tax-free returns for a Roth IRA

IRA Financial Group, the leading provider of self-directed IRA LLC solutions, announces the findings of an internal report that shows that hard money lending for real estate has become a popular investment option for self-directed IRA investors. The IRS has always permitted an IRA to lend money to non-disqualified persons. The definition of a “disqualified person” (Internal Revenue Code Section 4975(e)(2)) extends into a variety of related party scenarios, but generally includes the IRA holder, any ancestors or lineal descendants of the IRA holder, and entities in which the IRA holder holds a controlling equity or management interest “With IRA Financial Group’s checkbook control self-directed IRA LLC solution, one can use their retirement funds to make IRA hard money loans, either secured or non-secured, to non-disqualified persons and generate tax-deferred or tax-free returns in the case of a Roth IRA,” stated Jen Burris, a self-directed IRA specialist with the IRA Financial Group. “As the manager of your checkbook control IRA LLC, the IRA holder will have control over his or her IRA funds so that making a hard money loan can be made through a local bank account with no transaction costs or annual account valuation fees,” stated Ms. Burris. The primary advantage of making hard money loans with retirement funds is that all rental income…

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