The IRA Real Estate plan enabled Mr. & Mrs. Smith to purchase their eventual retirement home immediately, prior to selling their existing primary residence. By structuring Mr. Smith’s IRA to support the purchase of the home in Panama the Smiths are able to use their home in Panama for vacations thereby benefiting from both homes until they are ready to relocate full time without effecting their current income stream. When they are ready to retire and transfer residency to Panama, the tax free portion of proceeds from their primary residence will not only replace, but exceed by far the value of the IRA used to purchase their retirement home.
Although we refer to them as the “new rules” of IRA Real Estate because they are not well understood or commonly applied yet, Lasaii Benefits has been successfully using our IRA Real Estate to Occupy method since 1992.
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.
Would you Rather-Convert your IRA or use your IRA to help purchase income producing real estate that you can OCCUPY? Play the game with us!
We had a great year at Lasaii Benefits in 2019, with new clients, a National Geographic Feature, and some wonderful world travels to name a few. We can’t wait for 2020 and to continue to serve and offer our IRA Real Estate to Occupy services in making happy homeowners and structuring customized, tax effective IRA Real Estate to Occupy investments that enhance their portfolios, lifestyles, market positions, and legacies. We wanted to take a look back one more time on some of our most popular blog posts, as well as one with very important information for those of you with large IRA’s in 2020 and the future.
With all our program has to offer, I wonder why wouldn’t you want to use some or all of your IRA funds to invest in real estate abroad, or domestic for that matter, that you and your family can enjoy and/or use to create income!
Case Study: Self Directed IRA Did Not Satisfy Client’s Desires (Based on actual client of Lasaii Benefits). How our SAFE HARBOR®-Directed IRA™ had the solution and made our client’s dreams come true.
Through Lasaii’s program, your SAFE HARBOR®-Directed IRA™ invests your IRA funds in a principal protected account in compliance with IRS Tax Shelter inspectors that allows for upside potential while protecting it from downside risk. Those assets, in coordination with non-IRA funds, can be structured to help with the process of buying, building, supporting existing or new mortgage payments and qualifying for the loan to purchase real estate that allows for occupancy!