Our Office

Don Woods, Broker

Lic. FL & NC

Cell: 386-478-9202Don Woods Realty

New Smyrna Beach FL

 

Real Estate IRAs

What is a Self-Directed IRA?

A self-directed IRA is one that permits the account holder the broadest possible investment choices, including those outside the public markets.

In fact, a self-directed IRA is not a type of IRA at all as all types of IRAs, along with other plans, can be self-directed. Rather, it is a structure enabled by the custodian and administrator that permits you to make your own investment decisions over the widest possible menu of choices.

Real estate, notes, private placements, gold, silver, platinum, palladium, joint ventures, and tax liens are only a small sampling of the possibilities.

With a self-directed IRA, you are in control of all the decisions, and as such always advised to consult your investment and tax professionals for the best possible advice that is tailored to you.

Since 1975, IRAs and 401k plans have been afforded the ability to purchase real estate, giving IRA owners the ability to invest in what they know and understand.

By establishing a NuView self-directed IRA, clients can combine their knowledge and expertise of the real estate market with the tax advantaged growth of their retirement plan, creating the ultimate wealth building machine.

Types of property that can be held within your self-directed retirement plan include:

  • Single family homes
  • Apartment buildings
  • Co-ops
  • Condominiums
  • Commercial property
  • Unimproved land

    Rules
    In order to maintain the tax advantaged status of the real estate IRA, clients must adhere to IRS rules on prohibited transactions and disqualified persons, which can be found on the IRS Rules page of this site. Disqualified parties include yourself, your spouse, lineal ancestors, lineal descendents and their spouses. The IRS prohibits any direct or indirect benefit between your IRA and any disqualified party.
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