ACCESSWIRE
20 Jan 2021, 18:05 GMT+10
CHARLOTTE, NC / ACCESSWIRE / January 20, 2021 / A powerful way to invest is to use a Self-Directed IRA with real estate investment property within it. This means that investors with real estate investing experience can easily access a diversified portfolio that provides consistent returns. However, not every investor feels cut out for this style of investing. What should investors think about before getting involved with this kind of investing?
That was the question posed at a recent post at American IRA's blog. American IRA, a Self-Directed IRA administration firm based in North Carolina, routinely posts informative content about Self-Directed IRA investing. But since it is not an investment advisory firm, it does not make specific recommendations to individual investors about specific investments. Instead, it posts information that investors should know as they consider a Self-Directed IRA.
In the recent post, American IRA highlighted some of the issues that real estate investors who use a retirement account should be aware of. Although real estate investing within a Self-Directed IRA can be highly intuitive, there are specific rules associated with retirement accounts that investors should know. And American IRA routinely makes it its mission to let would-be real estate investors know the ground rules.
'Real estate investing within a retirement account can be really powerful,' said Jim Hitt, CEO of American IRA. 'But none of it works unless investors know what they're starting. We like to post information about the Self-Directed IRA and how it relates to real estate, so investors know these ground rules. This provides a solid fundamental basis for their decisions moving forward. And since self-directing means choosing your own investments, these are important facts to know.'
For more information about holding a rental property within a Self-Directed IRA-including rules about prohibited transactions and disqualified persons-visit the site at www.AmericanIRA.com. Interested parties may also contact the Self-Directed IRA administration firm by dialing 866-7500-IRA.
About:
'American IRA, LLC was established in 2004 by Jim Hitt, CEO in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $400 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term 'they' refers to American IRA, located in Asheville and Charlotte, NC and Atlanta, GA.'
SOURCE: American IRA, LLC
Get a daily dose of Detroit Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Detroit Star.
More InformationWASHINGTON, DC - Following accusations of sexual harassment against New York Governor Andrew Cuomo, White House press secretary Jen Psaki ...
SAN FRANCISCO, CA: Small earthquakes reaching magnitude 3.7 were felt along California's Central Coast after midnight on Sunday, according to ...
WASHINGTON DC: Speaking to reporters on Sunday, Dr. Anthony Fauci said he would not hesitate to be inoculated with the ...
NEW YORK, New York: Following news reports that the National Football League (NFL) had signed a new agreement with Walt ...
WASHINGTON DC: Even as the U.S. Centers for Disease Control and Prevention is monitoring outbreaks of the Ebola virus in ...
WASHINGTON DC: The U.S. Centers for Disease Control and Prevention reports that it has distributed 96,402,290 doses of Covid vaccines ...
WASHINGTON D.C.: As preparations are underway to begin shipping Johnson and Johnson's COVID-19 vaccines this week, reports have been released ...
NEW YORK, New York: As lingerie company Victoria's Secret prepares to look for a new owner, the price tag for ...
NEW YORK, New York: After delisting three of China's biggest telecommunications companies this year - China Mobile, China Telecom, and ...
WASHINGTON, DC: Joining other major U.S. retailers who have announced a hike in minimum wage for employees, Costco has said ...
Peru is getting another weapon in its battle against the spread of COVID-19 on Wednesday.President Francisco Sagasti said his country ...
Jared Butler had 25 points and made a key layup to force overtime, and Davion Mitchell hit the go-ahead basket ...