Use Your IRA Early to Help Purchase Your Dream Home to Occupy!

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This home was purchased with the help of our program in 2009.

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

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

Mrs. Forleo and her husband saw our ad in an airline magazine in 2009. They were recently retired and knew that they wanted to live in a warmer climate than their current Nebraskan hometown with its harsh and windy winters. In an ideal situation, they would be able to purchase the home they wanted to retire in before selling their current home. Mrs. Forleo and her husband had their sights set on living somewhere warm in order to take advantage of their active lifestyle, because even though they were retiring, they certainly didn't have any plans of slowing down!

Mrs. Forleo had an IRA account with a balance of approximately $500,000, but didn't know if she could use it to purchase real estate that her and her husband could occupy themselves, not to mention that their children and grandchildren could occupy as well. After all, their dream home wouldn't be complete without their family being able to come and stay for a long visit. She contacted Lasaii with high hopes as they were the "IRA Real Estate to Occupy" company.

Mrs. Forelo was not disappointed!

She quickly found out that her dream home was now a tangible reality with the help of the SAFE HARBOR®-Directed IRA™-Lasaii's proprietary program that allows for occupancy in real estate purchased with the help of an IRA.

Summary of IRA real estate:

Lasaii structured the SAFE HARBOR®-Directed IRA™ (SHIRA™) to help Mrs. Forleo:

1). Satisfy Debt-to-Income Ratio Required by Lenders:

Since both Mrs. Forleo and her husband had recently retired, their income was significantly lower. Therefore, they would need to prove extra income to qualify for the loan to purchase their dream home in Dammeron Valley, UT. The SHIRA™ was able to provide that extra income to qualify them for the loan and purchase the real estate.

2). Support the Real Estate:

Once Mrs. Forleo obtained the loan and purchased the real estate, Lasaii structured her SHIRA™ to gradually transfer into her real estate.

3). Create Solution for Required Minimum Distributions:

Because of Mrs. Forleo's age, she knew that she would eventually have to start taking Required Minimum Distributions from her IRA that could effect her income taxes. But, by using the SHIRA™ distributions to help support the real estate on her dream home, she would instead receive all the tax write-offs associated with real estate ownership and still be credited with the RMD’s.

4). Offer Step Up In Basis for Heirs:

She knew that the SHIRA™ has the benefit of step up in basis at death, therefore, her children would someday inherit the real estate at it's appreciated value, with no tax consequences to them.

These are just some of the benefits the SHIRA™ has to offer. To learn more click the button entitled, “Learn More.”

We first became aware of Lasaii’s Safe Harbor program in an airplane magazine advertisement. My husband and I were intrigued with the program. We had both recently retired and we were looking to purchase a new home. We contacted Alberto Uranga and he was extremely helpful throughout the process. His entire team worked closely with us until our closing was completed. We moved into our new home in a beautiful area eight years ago and have been very pleased with the decision we made to work with Alberto. We would recommend this plan to anyone approaching retirement age who would like to use their IRA early to purchase their dream home.
— Client featured in this case study

The Big Picture

Our clients, like Mrs. Forleo, 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.

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

Since 1992, Lasaii Benefits have been the leading experts in the IRA Real Estate to Occupy Industry.

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

Visit to sign up to receive our "Understanding the SAFE HARBOR®-Directed IRA™" PDF to learn more. You may also visit our website to see if you qualify for our program.