Want to increase the size of your retirement savings?
Using your Roth IRA for purposes of real estate transactions is one way to get there.
First of all, your IRA has to be self-directed permitting you to make the call as to how, when, and where your dollars will be invested.
You will need to do considerable real estate market research. Assembling an advisory team of a realtor, attorney, contractor, and an accountant may also help.
Under the Roth real estate rules you can buy most any piece of property, keep it as long as you like, and sell it when you want. Purchases of property for personal residential use are not permitted.
What to buy?
Consider investments in the pre-foreclosure- foreclosure markets, apartment and office buildings, condos, rehabilitation projects, and condos. There is enough latitude here for any investor to make wise choices and earn profits from a variety of investment choices.
Always remember that real estate is a considerably more stable market than other investments.
Earning profits without fearing the capital gains taxes is an added bonus.
Don’t care to do all that research?
Try using a turnkey company that will do it for you. You invest; they guarantee you a good per cent return on your investment.
A turnkey solution can be the best investment strategy for building your wealth.
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