The Great Adapter of Resilient Asset Classes: commercial buildings
Although some are predicting that brick and mortar retail stores will take a huge hit because of the COVID 19 crisis and consumers shifting to eCommerce, commercial real estate still holds a strong position, especially if the building has a medical office or grocery store, both essential services no matter what is going on in the world. Here in Ketchum, ID we’re seeing serious opportunity with new commercial buildings popping up that include a mix of offices, retail space and apartments. One example is a dentist that is building the property and is going to use the first floor for his dentist office, with the second and third floor hosting office and apartment units. In other words: gold mine.
We’re also enjoying watching the innovation and creativity that investors are using by turning malls into apartment/microloft units like the Arcade Providence, greenhouses like Galleria at Erieview, schools, and medical centers.
Commercial Real Estate’s Reliable Neighbor, Helping You Get Through Life’s Changes: storage units
This commercial sector has been recession resistant because the demand for self storage space is based on life events, such as marriage and divorce, renovating and relocating. During the Great Recession, self storage was one of the least foreclosed real estate sectors.
Use Your IRA to Invest in These Resilient Asset Classes
Like the example of the dentist in Lasaii’s hometown of Ketchum, ID, we see opportunity for innovative real estate investments everywhere (including housing being built with shipping containers, but that’s for another week) and couldn’t be more inspired and excited by the value that our proprietary IRA Real Estate to Occupy investment strategy offers.
If you are over the stock market or are simply looking for new opportunities to invest in and diversify your retirement funds and like the idea of the dentist: buying or building an office building and using one of the offices yourself, while producing income from the other office or apartment spaces, our SAFE HARBOR®-Directed IRA™ (SHIRA™) is the perfect solution for you, because with our program the title of the real estate is in your name, not in the name of the IRA, therefore you can:
Personally use and enjoy the real estate with total control of the property
Collect income from the real estate directly to your pocket and
Take tax advantages of the tax write offs associated with real estate ownership and systematically diffuse the tax time bomb character of a large IRA for your heirs
Not to mention, you can have confidence in the growth of your wealth with the appreciation of the real estate investment over time, have peace of mind with the downside protection and upside potential of your IRA funds, and create a legacy that keeps on building with the Step up in Basis/1031 Exchange tax benefits that our program offers.
Important: Self Directed IRA
With the better known Self Directed IRA (SDIRA), you can’t take advantage of the tax write offs for primary or rental real estate. You also cannot use, manage or collect income directly from the real estate if you buy with a SDIRA. Learn more about the 3 different IRA’s used to invest in real estate here.
Powerful Tax Benefits:
Speaking of tax advantages, take a look at the most recent tax changes for primary and rental properties: