Archive for February, 2015

Be Aware of This Trend to Rock Your Real Estate IRA

Monday, February 9th, 2015

Real Estate IRA Changing Trend

Adding real estate to your retirement portfolio can improve the diversity and quality of your retirement portfolio. Through a real estate IRA investing in real estate with your IRA is possible. Those of you who already own property with a with a Make sure you position your real estate IRA investments for the future. One such aspect that you will want to be aware of is the fact that there is a growing trend in the housing market to have roommates.

What exactly constitutes a roommate? An adult living with someone other that a spouse or a spouse or partner. How big is the trend? Well bigger than you might have thought. In 2012 the percentage of adults who live with a roommate is at 32% nationwide.

While this is a fairly decent number it doesn’t appear to be slowing down. There are plenty of other things that are happening that would suggest that this will continue to be a trend. For instance, the fact that wages haven’t been able to keep pace with the steady rise of rental costs over the past year. The more expensive the city typically the more likely there are adults are to have roommates. In Riverside, California, New York, Honolulu, Los Angeles and Miami have roughly 42% of households that include a roommate.

What does this mean for you? It means a lot of different things but the most important thing that you need to do is to look at your own real estate property. How is it situated? Is your property currently rented out? If so, what type of renters do you have? Have they been a long-term renter? Do they plan on renting for a long time? And probably the most important question to answer is, “if/when your renter stops renting from you how are going to position your property to be competitive when there are plenty of other places to be rented out there. Now that you know that a growing trend is to have a roommates one thing you could do to make your place stay competitive would be to get your rental property roommate ready. There are plenty of opinions as to what makes a space more roommate ready but nobody knows your space like you do. You may already know right off the top of your head of some things you can do to get your space more roommate ready. If not look at your space and get creative. There are some other ways you can stay compeitive when trying to find a renter for your rental property. Check out: Position Your Rental In Your Real Estate IRA To Stay Competitive

We want you to have the best experience with a real estate IRA. We are here to help make sure you are set up for success. If you need help setting up a real estate IRA or any other help in regards to self-directed investing then contact us today.


Use Your Self-Directed IRA to Invest In A Company

Thursday, February 5th, 2015

Crowdfunding Word Graph

Are you one of the many employees working for “the man”? Whether you have a boss you love or hate you probably at some point have dreamed of being your own boss. Going out and starting your own company and being your own boss does sound very appealing.  I think this is a very common thought because we feel like we work so hard day in and day out just to make the same salary day after day while the owner gets to take all the extra money our hard work made.

The reasons why we do or don’t make the jump to self employment is different for everyone. The great thing to know is that there are other options to those of us who haven’t taken the leap to be our own boss or own our own company. One of the options in particular that is a great option gives you that extra upswing possibilty without all the issues that come with owning a business. What is that option? It is crowdfunding.

Crowdfunding has become a huge industry for small businesses looking to raise some capital. It has especially grown because of the advent of the web. There are now plenty of internet crowdfunding sites that market different companies for you to invest in.  There are different types of crowdfunding websites to be aware of. Many of the crowdfunding websites offer you a way pre-order a product or service before the product/service is actually available. Typically, they use the pre-order money to help them finish the production or concepts in order to actually get a product to your door. For many companies it is a way to get proof of concept and for others it is just a bit of extra cash to finish everything they started so they can start selling to the consumers. For the sake of this article we aren’t talking about those types of crowdfunding sites. What I am talking about here are the crowdfunding sites that allow you to invest a certain sum of money, typically a minimum invested amount with a goal to raise a certain dollar amount. Once you decide the amount you’ll be invested it is clearly stated how you are compensated. It could be a convertible note, equity or in the form of an interest paid back to you. Two sites that are geared toward helping you invest in that dream company you believe in all while getting a little slice of the pie are, CrowdFunder and CircleUp.

One great thing about this type of investment is that it is allowed inside of a self-directed IRA. You can take your IRA monies and invest them into a company of your choosing. With the advent of crowdfunding websites there are endless companies to choose from. Yes there are rules and issues to be aware of when investing with your self-directed IRA and there are also rules to investing with these crowdfunding sites. If you need more help about some of the rules to investing in a company with your self-directed IRA contact us today because we can hep steer you in the right direction. If you need more info about investing in a company on a certain crowdfunding website they will have all the rules and issues to be aware of. 

Today you can start fulfilling some of your dreams to own a company all while doing inside of your self-directed IRA. All of this can be a great way to diversify your retirement portfolio further all while investing in the things that you believe in. Of course with any investment there is risk that is involved. Make sure you do due diligence to make sure you are fully aware of what you are investing in and the risk involved. Some may be much riskier than others and truthfully it may be hard to know exactly how risky many of the investments may be. It should be an investment you are willing to do and potentially willing to lose out on if worse comes to worse. 

Regardless, the possibilities with self-directed IRA investing are endless and investing in a company is one of the more popular self-directed IRA investments. Get investing today with a self-directed IRA and enjoy shaping your retirement portfolio the way you want to. 


Better Retirement Investing With An IRA LLC

Monday, February 2nd, 2015

IRA LLC Benefits

If you were watching T.V. last night there is a 50/50 chance that you were watching the Super Bowl. The Super Bowl was a heck of a game this year and it came down to the wire. It truly was a great game and it is because it wasn’t lopsided nor scoreless. It was a very well balanced and hard fought game by both teams. Both teams had some great stops and some great drives to score. These are just a few of the reasons that made the Super Bowl one to remember. Just as last nights game was so great so should our retirement accounts be great..

While there are so many different ways you can tailor your retirement account for your situation (you must do that in order to get the most out of your retirement account based off your own needs), you can still do more for your retirement. Here is one thing that can make all the difference to your retirement portfolio, The IRA LLC, also known as a checkbook IRA or a self-directed IRA with checkbook control.

What is an IRA LLC?

An IRA LLC is a way for you to take back more control over your retirement investing. It is a special purpose limited liability company, that is either fully or partially owned by an IRA. that is held with an IRA custodian. One of the reasons why a client would create an IRA LLC would be to directly control their IRA funds through the establishment of an LLC. This can great if you are purchasing real estate through the LLC because all rent checks and expenses can go through the LLC rather than through the IRA custodian. That alone is probably one of the biggest reasons people who have a self-directed IRA choose to get it with checkbook control (an IRA LLC).

What is the Benefit?

Why is having the income and expenses from a real estate property going directly to the LLC so nice? Because typically it goes through the custodian. That means you will have to send rent income checks to the custodian to have them deposit it into your account. Also, whenever your real estate property has expenses that need to be payed you can use your checking account associated with the LLC to pay any expenses. Rather than doing it the normal way, through the custodian. Having to contact your custodian to tell them to pay a certain bill or expense can be annoying and time consuming. An IRA LLC allows for faster payment and receiving of payments and incomes.

With an IRA LLC you will have more control but with that extra control it means that you will have to be aware of more issues to make sure that you do not do anything that will cause you to accidentally void your IRA. If you want to learn about some of the issues that you will need to be aware of when investing with your IRA LLC then check out the following article, “Rules You Need To Know With An IRA LLC“.

Hopefully you can see why an IRA LLC is a great option. If you would like setting up an IRA LLC or just need more information then contact us today.