IRA Helps Finance Construction for Single-Family Dream Home to Occupy!

This home was built with the help of our program.

Case Study: (Based on actual client of Lasaii Benefits).

*Names in this case study have been changed to protect our client’s privacy.

Mr. Williams saw our ad in a airline magazine back in the early 2000’s. He first used our IRA real estate program to help purchase a rental in Boise, ID as a way to create income-long term. After his successful IRA real estate purchase in Boise and being very satisfied with it’s rate of return and the capability of Lasaii Benefits, Mr. Williams started thinking about the possibility of building a single-family residence using his IRA. He wanted to sell his current home and move his family into the newly built residence, but wasn’t sure if occupancy was possible. So, he reached out to Lasaii Benefits again in 2014 and proposed his idea to Alberto Uranga, Founder & CEO. Mr. Uranga knew that it was in fact possible with his proprietary program and that he could assist Mr. Williams by using the SAFE HARBOR®-Directed IRA™ to help finance the build and support the real estate because it allowed for occupancy!

Summary of IRA real estate:

The SAFE HARBOR®-Directed IRA™ (SHIRA™) was structured to help Mr. Williams in three ways:

  1. With the combination of SHIRA™ and non-SHIRA™ funds, we were able to qualify Mr. Williams for a large-construction loan.

  2. Once Mr. Williams obtained the loan and construction on his single-family residence began, we were able to structure the SHIRA™ to pay the construction loan payments and any other costs associated with the build.

  3. When the home was built and being occupied by Mr. Williams and his family, Lasaii Benefit’s structured the SHIRA™ to support the mortgage payments and property taxes on their beautiful new home.

The Big Picture

Mr. Williams felt that the real estate in the resort town that he lived in would continue to rise in value. He knew that the SHIRA™ has the benefit of step up in basis, therefore, his children would someday inherit the real estate at it’s appreciated value, with no tax consequences to them. Because of Mr. Williams age, he knew that he would have to start taking Required Minimum Distributions from his IRA that could effect his income taxes. But, by using the SHIRA™ distributions to help support the real estate on his single family residence, he would instead receive all the tax write-offs associated with real estate ownership and still be credited with the RMD’s. Mr. Williams home is now valued for several million.

(Read about all the benefits the SHIRA™ has to offer):

Benefits of SHIRA

Our clients, like Mr. Williams, look at the bigger picture and know that over time with the possible interest earnings of the SHIRA™, the potential appreciation of the real estate, rental income, if you wish, and the intrinsic value of occupancy, together with the tax write-offs (if you qualify); the total value and benefits of the SHIRA™ and the real estate could be, and has been, in the double digits.  In other words, the perfect alternative investment.

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““I have successfully enrolled in and utilized Lasaii’s Safe Harbor IRA to purchase two pieces of real estate (one a business condominium, the other the construction of a single-family residence) over the past several years. Lasaii, with Mr. Uranga directing all the financial aspects of the transactions, has been seamless and extremely dependable in all regards. They have coordinated all of the investments paperwork and worked with all “third parties” without fail. When questions arose, including those related to taxation, payments and distribution, they took care of matters promptly and successfully. I would recommend Lasaii for anyone that is interested in benefiting from this type of IRA investment.”-Client”

Learn More:

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

Please visit www.lasaiibenefits.com to sign up to receive our “Understanding the SAFE HARBOR®-Directed IRA™” PDF brochure to learn more. You may also visit our website to see if you qualify for our program.  Please share this with friends and family that could benefit from our proprietary IRA real estate structure!