Most us think of real estate as a stable investment vehicle that provides both income and appreciation. And most of us are familiar with Individual Retirement Accounts (IRAs) that are typically invested in vehicles such as bank CDs, the stock market and mutual funds. But did you know that your IRAs and other retirement plans could be self-directed into real estate?
Whether you’re a successful real estate investor or simply interested in diversifying your retirement portfolio, the combination of real estate and an IRA can be very advantageous.
The advantages that self-directed IRAs and other self-directed retirement plans offer include:
- The power of compound interest
- Reduction of taxable income
- Asset protection
- Estate planning
IRAs allow real estate investors to apply their knowledge of real estate to their retirement plans. Through a self-directed real estate IRA, you can invest in raw land, single-family homes, apartments, mobile homes, commercial real estate, real estate notes, mortgages and tax liens, among other real estate investments. Combining the advantages of a self-directed IRA with your knowledge of real estate gives you the ability to compound investments tax-free or tax-deferred. Your rate of return will reflect your knowledge and expertise in real estate, not the ups-and-downs of the stock market.
Learn more about investing in the future and creating wealth with a self-directed real estate IRA. The experts at Lake James Real Estate would be happy to tell you more about this powerful investment combination.
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