Wednesday, June 17, 2009

Invest In Mexico Using Your IRA

The Self Directed IRA Benefits:
Very few IRA custodians permit direct ownership of real estate or other non-traditional investments in an IRA, so indirect investment via the iTrust is usually the only choice.
When an iTrust sells real estate or other investments, the capital gains are deferred through the IRA, like any other IRA investment. The headaches of 1031 exchanges are never necessary.
Ownership of the property in an iTrust allows you, as investment manager, to have direct, hands-on control of and investment decisions over iTrust assets, including control of the checkbook. Custodian involvement and hassles are minimized, regardless of whether the investments are in securities, real estate or other assets.
An iTrust can use its IRA funding as a down payment for a real estate purchase, with the iTrust financing or borrowing the balance. But an IRA usually cannot directly participate in such a financing arrangement because of the custodian.
Since you control and handle all iTrust transactions, the custodian for the self directed IRA can be paid an inexpensive, flat fee, typically around $200 per year
Litigation threats which accompany investments such as real estate are substantially reduced. This is done by isolating the investment inside the iTrust, and away from the rest of your IRA funds and estate.
Continues to provide deferral of income and gains inside the IRA.

Strategies for Using the iTrust

Purchase real estate
Loan to others
Note: There are some restrictions and rules for this type of transaction
Buying or starting a business
Note: There are some restrictions and rules for this type of transaction
Use purchase options on real estate
Flip properties

What Your Plan Comes With

Setup of Trust
Setup and operating guide
Banking authorizations for checking account
Handling your rollover to our sister co. American Estate & Trust, the IRA custodian
Unlimited consulting

Why an iTrust vs. LLC

iTrust does not have state filing fees*
iTrust avoids state franchise taxes*
iTrust is quicker to form and set up
No name reservation issues
Lower total cost of ownership versus a LLC

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