IRA – 401K Check Book Control Trust
IRA Investments. Less than 2% of the people in the US have control over their IRA funds. Many people have their funds in the stock brokerage or bank accounts that are performing very poorly. Real estate investors see many opportunities for IRA investments and they can easily double their account each year by taking advantage of options, contracts that can be assigned, wraparound loans, sandwich leasing, buying and selling a property, and many other higher leverage and safe techniques. Pension plans and 401K’s can be transferred to independent IRA custodians and eventually to a trust controlled by the taxpayer.
The step-by-step instructions for moving funds, setting up the trust, opening bank accounts are provided. More than a dozen investor strategies are discussed to turbocharge the account, legally and within all IRA guidelines. Thousands of investors have been doing this for many years. All IRA owners can do the same.
Jack Shea grew up in Chicago and attended the University of Illinois where he received a BS degree in Engineering. He spent seven years as an Air Force Pilot flying four-engine transports and ten years in Marketing flight simulators and avionics products.
Jack moved to Florida in 1978, and began investing in real estate. He is a licensed Realtor. He has concentrated on buying and selling single-family homes and notes. Jack operates a 1031 exchange business as well as conducts classes on the details of tax-free sales and purchases. He also has written a book on Options and teaches seminars nationwide on Trusts, Options, Exchanges, IRAs and Note Investing. He has developed several unique strategies using Trusts, Options, Exchanges and a hybrid IRA Checkbook Control Trust that can hold Real Estate, Notes and other Personal Property.
Here are some of the ways to get creative with your IRA investing…
Buy Realtor’s Commissions. Every time the Realtors get commission, they sell it today, instead of waiting for 45 days 40, 30 or 60 days for the full pay out.
Does H&R block pay your tax return early? Buy tax returns.
Buying notes or buying parcels of a note. Buy in installment sales. A note business is a good business.
Leases or you can sandwich lease a place, you can lease somebody’s place or an empty house or a condo and get a spread while you put your down payment from your IRA.
Buy somebody’s car or house for half the price and give you an option to buy it back for half the price.
There’s a couple of more things that people do.
First time home buyer credit.
How about your tradesman, you have your AC guys, roofer guys that you deal with? You deal with some contractors who do your stuff? Do you think they have some receivables? That they are paying on you? Do you think they might get four $4,000 receivables for $3,000? And they have lean right typically on the property? It’s a way to secure you.
Watch the video to learn more…
In order to implement these techniques you will need proven documents and procedures.
Get your copy now of your “Map To Your Goldmine”
Many believe that they can’t accelerate their earnings on their IRA to more than 1.1%.
But there are ways that people will not be able go through your stuff, they will not be able to figure out what you are up to. It’s all legal, it’s all okay, IRS and stuff like that and my attorney and the attorneys I deal with are straight arrow guys. They are not sporty. They are not doing anything would affect their license or anything else. These are all standard business practices that could be used in a combinations of ways to protect your stuff and keep it private, safely in dealing in personal property.
So those things I find with a great benefit to my REAL ESTATE INVESTMENTS, improved their performance. The things that most excited about for a lot of friends in that is getting IRA money working harder for you through a variety of LOANS, OPTIONS and things. It opens a different world for you when you contracting to sell a piece of personal property instead of real estate and the rules kind of change.
Question, if you finance the beneficial interest , financially it’s the same.
The tax treatment is the same, as if it’s a car note or mobile home note, let’s think about that, a mobile home is almost like a house, except its finance on a UCC basis and you file a UCC1 in the court house in a UCC3 is the release. So this forms, they are all common in fact that uniform commercial code is more common to all 50 states than the Deed of Trust Laws versus The Mortgage Laws in all 50 states there’s a lot of mortgages, deeds and Trusts. UCC is almost straight away the same coast to coast. But the big firms and companies deals in all 50 states, they don’t wanna be dealing with 50 different sets of Laws. It’s the same on the tax, if you do it on installment sale you pay tax, as it is in installment sales.
To your success,
Last Tuesday I had the opportunity to be interviewed by Jackie Lange of Cash flow Depot.
I discussed topics like: What are the opportunities you can take advantage to grow your IRA?
How and where to start if you are new on IRA investing? Generally, what can I do to grow my IRA? I also answered some questions from the live audience.
You are welcome to listen to the replay by clicking here…
In order to use these techniques, we have a proven system to guide you with your IRA investing…
To your success!
Jack Shea Author, Mentor