Most people believe that IRA holdings can be invested only in stocks and bonds. A little-known technique, however, is using a fully self-directed IRA that permits you to make any investment you wish to make in your retirement plan as long as you comply with the IRS rules, including real estate. There are some institutions that pretend to offer self-directed IRAs, but you still have to choose from their limited selections of investments, which are still largely paper assets. You can gain the tax-free benefits of the Roth IRA (or tax-deferred with the traditional IRA) while choosing your full preference of investments!
What most people don’t realize is that even though there is a maximum you are allowed to contribute into your IRA (currently $3,000/year), there is NO limit on how much your IRA can make in a year from its investments. There is no cap on how much income your IRA can produce! Imagine buying and selling properties in your IRA and paying no taxes on all of the profits! You just have to use a qualified third-party administrator (TPA) and comply with the IRS rules.
To take this a step further, EPIC Wealth Strategies is providing a source through Drew Miles, the “Wealth Building and Tax Saving Attorney” with his IRA Business System, where you actually maintain checkbook control of the self-directed IRA. This is a revelation-ary way to build massive wealth absolutely tax free!
With the IRA Business System, you will be able to operate a business that might be investing in real estate, tax liens, trust deeds, or private stock offerings directly from your IRA funds, WITHOUT penalities.
Here are just some of the benefits:
* Significant asset protection
* Checkbook Control Over Your Money!
* Fully self-directed for total flexibility.
* Complete access to your retirement funds in a tax-free environment for investment purposes. This structure provides the ability to realize unlimited wealth growth.
* A complete business can operate inside of this entity!
* Group coaching for the utilization of the system