The IRA – individual retirement account, is still an enigma to many people. Frequently set up at the suggestion of a CPA or financial advisor as a way to offset income tax in a given year, the retirement account is often hurriedly created in a stock market based fund and then forgotten. Left to grow-or diminish- with little or no management on the part of the IRA owner. It is not unusual for the beneficiary to have no conception of the variety of investment options available to them. Once placed with a market oriented money manager, it is up to the IRA owner to discover investment options other than those Wall Street has to offer.
Considering we may be in or heading towards the next recession, which on average and to many peoples surprise happens about once every five years, we started thinking about which real estate asset classes are the most resilient. We’ve also spoken to a lot of people recently that are sick and tired of the volatility of the stock market and are looking for different ways to invest their IRA monies. Because in all periods of uncertainty, there is also opportunity, we made a short list of some resilient income producing asset classes that could be a smart option from that of the stock market.
Lasaii Benefits has created a high-quality service of directing IRA funds to invest in real estate that allows for personal use and additional income. Did you know that the terms, “Check Book IRA LLC,” “Self Directed IRA,” and “SAFE HARBOR®-Directed IRA™ (SHIRA™)” are legally no different from any other IRA? Learn more about how these IRA’s are managed.
Lasaii Benefits prides ourselves on being visionaries in our industry by providing secure, yet innovative solutions that allow our clients to have more flexibility, control, and freedom with their IRA funds now and in retirement. Check out five real life examples of how our IRA Real Estate to Occupy program has enhanced our clients wealth, lifestyle, and legacy.
A large IRA can be a ticking time bomb for you and your heirs. Learn more about our creative solution to the death of the Stretch IRA and how our dynamic proprietary process can help you and your 800lb. gorilla-LARGE IRA.
Case Study-How our client used her inherited IRA to help purchase real estate that she could occupy and create income with our IRA Real Estate to Occupy program. Our program gave Terri everything she was looking for: peace of mind and an opportunity to enjoy a vacation lifestyle for her and her family with a tax effective IRA real estate investment that enhanced her portfolio, lifestyle, market position and legacy.
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.
The SECURE Act has been passed and with that comes the death of the Stretch IRA. Lasaii Benefits: IRA Real Estate to Occupy, has a creative strategy with no lost opportunity cost to your heirs, unlike the other strategies that Financial Advisors are offering to replace the Stretch IRA.
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™).