Most Popular Self-Directed IRA Investments Of November 2017
Royal Legal Solution’s Self-Directed IRA LLC allows you to use your retirement funds to make almost any type of investment on your own without requiring the consent of a custodian.
The great advantage of using a Self-Directed IRA to make investments is that you can get tax free gains on investments you know and understand. Unlike a mutual fund run by someone you don’t know, which also comes with costly fees and rules that are hard to understand.
Here are the 3 most popular types of investments for our Self-Directed IRA clients for November 2017. Keep reading to see if any of them have a place in your portfolio.
Surprised? Cryptocurrency is all the rage now. Speculations about an imminent crash have been going on for years, but it hasn’t come yet.
Even though Bitcoin is called cryptocurrency, in the eyes of the IRS Bitcoins and other cryptocurrency are not considered currency. Which means you have more than a few excellent & barely taxed investment opportunities as far as Bitcoins go.
The 3 most popular cryptocurrencies with our clients are:
- Bitcoin (1 bitcoin = $4377 USD.)
- Ethereum (1 Ethereum = $293 USD.)
- Ethereum Classic (1 Ethereum Classic = $12 USD.)
Cryptocurrency investments, such as Bitcoin, are risky and highly volatile. Any investor interested in learning more about Bitcoin should do their diligence and proceed with caution.
Note: You may want to brush up on your history to learn what happens to people who invest in things like Bitcoin.
You don’t have to invest in bank CDs, the stock market, or mutual funds. Few investors realize that the IRS has always permitted real estate to be held inside IRAs. Probably because the people on Wall Street wouldn’t want to lose your business.
The IRS lets you make almost any type of real estate investment, aside from any investment involving a “disqualified person”. These include children, parents or businesses you own.
Using a Self-Directed IRA LLC to purchase real estate allows you to earn tax free income/gains and pay taxes at a future date (in the case of a Roth IRA the income/gains are always tax-free), rather than in the year the investment produces income.
The following 5 real estate investments have been popular with our Self-Directed IRA clients in the month of November 2017:
- Residential homes (sales & flips.)
- Vacation rentals. (Now’s the perfect time to buy one in Florida!)
- Raw land. (Can’t go wrong with land can you?)
- Joint venture investments involving commercial properties.
- Mortgage notes.
Hard Money Lending
Royal Legal Solution’s Self-Directed IRA with traditional IRA or Roth IRA funds can be used to make secured or unsecured loans to anyone who is not a disqualified person (children, parents, etc.)
Since most banks require good credit scores and take too long reviewing financial statements, tax returns and business plans, there is a growing need for quick & easy financing for many individuals. These individuals include: small business, investors, and real estate developers and builders for their real estate projects.
The following hard money lending investments have been popular with our Self-Directed IRA clients in the month of November 2017:
- Secured loans to individuals.
- Short non-secured loans to real estate developers.
- Hard money lending investment funds.
- Loans to individuals recovering from hurricanes. (Pat yourself on the back!)
With a Self-Directed IRA LLC you have virtually unlimited opportunities to make traditional as well as alternative investments, such as real estate, in a tax efficient manner.
Contact Royal Legal Solutions today, and take control of your retirement.