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.