How to Use an Inherited IRA to Help Buy Real Estate to Occupy

“Home is where one starts from.” –T.S. Eliot

To this day, I’m sure you remember the house you grew up in, it’s shaggy carpets or ugly kitchen wallpaper.  Maybe you can still smell the dampness of the old attic stairs that scared you or the backyard where you had many adventures with your brothers, sisters and family dog.  Maybe it’s the old record player and watching your parents dance to Dean Martin around the Christmas tree.  If you’re like my mom, it’s the sound of the kitchen side door slamming behind her as she stomped in from the cold, home from school to attack the chocolate cake, apple pie, or cookies my grandma had waiting.

Today, it’s the feeling of walking in after a long day of work, kicking your shoes off and saying, “Hey Alexa, play old time Christmas music.” You lay on the couch, taking in the delicious smell of the crock pot you started that morning and watch your dog chew on a giant bone in front of your own Christmas tree and think to yourself, “I’m so happy to be home.”

Today or yesterday, the home is where everything started or will start.  If you are fortunate enough, you are a happy homeowner and have already begun.  If you’re not, but wish to be, or if you want to invest in a vacation home or help your son or daughter start their first home, Lasaii Benefits: IRA Real Estate to Occupy can help!

If you have inherited an IRA from a loved one or have another type of qualified IRA, we can help you buy, build, qualify for the loan, and support real estate to occupy with our SAFE HARBOR®-Directed IRA™ (SHIRA™).

A New Way to Invest: IRA Real Estate to Occupy (Even though we’ve been doing this since 1992 ).

The SHIRA™ has no prohibited transactions because the title of the real estate is in your name, not in the name of the IRA.  That means, immediate occupancy and enjoyment for you and your family.

Other than the intrinsic value of occupancy, the SHIRA has many valuable benefits, especially with today’s economic climate.

CHOICES:

The SAFE HARBOR®-Directed IRA™ can help you buy a primary residence, a second home, a vacation/rental/investment property, or land on which to build. You can also use the SHIRA™ to fund payments for an existing mortgage and property taxes up to allowable by law.

ASSET PROTECTION:

The SHIRA™ is invested in a principal protected vehicle, safe from any possible downturn in the stock market with upside interest earning potential when the stock market performs well. Because of the asset protection, the SHIRA also offers protective leverage in that you get the best of both worlds leverage and the peace of mind of knowing that you will never miss a mortgage payment because of the SHIRA.

DIVERSIFICATION:

Purchasing real estate with an IRA lets you maximize the value of your money. Over the long term, land/real estate demonstrates more stable growth than the stocks and bonds usually held in the typical IRA, providing increased asset diversification of your portfolio.

STEP UP IN BASIS:

The real estate you purchase through a SHIRA™ can be passed at death to your heirs with a “step up in basis.” This means there will be tax savings on any appreciation accumulated. At death, a 1031 Exchange can also be passed to your heirs as a “step up in basis.”

POSSIBLE APPRECIATION OF REAL ESTATE

If you choose to support the purchase of real estate with a SAFE HARBOR®-Directed IRA™, then you will be allowed to occupy and enjoy the property while it increases in value over time.

RENTAL INCOME

Any net rental income goes directly to the individual and not to the IRA. It is yours to use as you wish. #airbnb #vrbo

TAX ADVANTAGES:

If you qualify, you can enjoy all the tax benefits associated with real estate ownership.

At Lasaii Benefits, we honor the home and know that smart investing starts there.

Do you have what it takes to be a client of Lasaii Benefits?  Do you value peace of mind, security, control, family, comfort, flexibility, freedom and innovation? Find out here:

Creative Financing with IRA Real Estate to Occupy:

With the potential interest earnings from the SAFE-HARBOR®-Directed IRA™(SHIRA™), possible appreciation of the real estate over time, rental income, if you wish, and the intrinsic value of occupancy, together with the tax write-offs (if you qualify), the actual total value and benefits of both the SHIRA™ and the real estate could be a double digit return for you! In other words, the perfect alternative investment.

With Lasaii Benefit’s creative, innovative and life-changing estate planning, don’t miss out on the opportunity of maximizing your IRA funds and investing in real estate that you and your family can occupy.

We specialize in helping clients structure customized, tax effective IRA real estate investments that enhance their portfolios, lifestyles, market positions, and legacies.

Please share this with friends and family that could benefit from our proprietary IRA real estate structure!