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Enter your phone number to the Click2Talk box on the right and be contacted by
Gregg or Lisa Whitney within seconds.
tHROUGH yOUR ira - pART 1
Did you know that you can invest in real
estate through your IRA?
Gregg and Lisa Whitney believe the possibility
of structuring your IRA to buy and sell
real estate is an exciting opportunity for
the La, Jolla, California Real Estate Market.
By deferring taxes on capital gains and
rental income or, in the case of a Roth
IRA, it is possible to purchase La Jolla,
California Real Estate in a tax free scenario.
The first step in using an IRA for tax-free
or tax-deferred real estate investments
is to set your IRA up to be self-directed,
which simply allows the investor greater
control over how the funds are invested.
A growing number of companies today offer
self-directed IRA administration services.
Likewise, many independent financial advisors
are starting to offer this service as well.
Gregg and Lisa Whitney can provide referrals
for companies that offer this service. Their
partnership, also known as Whitney and Associates,
has a proven, long-term track record of
successful real estate sales in the La Jolla,
California Real Estate Market. Gregg and
Lisa Whitney believe Clients should be fully
aware of the purchase power of IRA’s
and have provided this information so Buyers
and Sellers can make the right choice for
them.
On average, any traditional IRA, Simple
or Keough type retirement account can be
converted in to a self-directed IRA. Some
employer-sponsored accounts can be converted
as well. Ask your IRA administrator if this
is possible.
Once you have a self-directed IRA, the
purchasing process for real estate is essentially
the same as it is otherwise, although your
IRA administrator has to purchase the real
estate on your behalf. A special fee is
usually charged for this service.
For a list of transactions that won’t
qualify for IRA-advantage tax treatment
and more information about IRA investments
check out part two of this article.
Buying La Jolla, California Real Estate
through your IRA requires real estate agents
with a solid knowledge base. At Whitney
and Associates, we are the right choice
for the Buying or Selling of a home in La,
Jolla, California.
Have any questions or like to learn more?
Use our handy form on the side of the page
to contact Gregg and Lisa Whitney. You will
see that we only require your email address.
Gregg and Lisa Whitney understand that your
privacy is important to you and we respect
that. We do not share your information with
anyone without your permission.
Gregg and Lisa Whitney realize that you
are probably in the information gathering
stage of your process, and we want to provide
assistance to you in any of your La Jolla,
California Real Estate needs. If you would
like to talk to Gregg or Lisa Whitney in
person, feel free to call Whitney and Associates
at our main line at 858-456-3282.
When you are ready to invest in the real
estate market let us help you. After all,
we are the experts in La Jolla, California
Real Estate.
Click here for
Part 2 - Invest In Real Estate Tax Free
Through Your IRA
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