Many investors choose real estate as a safe haven to grow their wealth. Unlike the stock market, real estate investors can still enjoy steady cash flow with a buy-and-hold strategy, even in a market downturn.
It turns out that now may be a good time to get in the market. A recent article on KTAR News predicts that real estate prices are on the rise.
The reason behind this prediction is that the housing inventory is still limited. Meanwhile, lower mortgage rates and improving confidence are pushing demands higher by days.
This means good news for investors who are looking for value appreciation.
Sense Financial Services LLC, a plan provider of self-directed retirement accounts such as the Solo 401k or IRA LLC plan, recommended that investors should look into real estate to grow their retirement savings.
While it is not feasible to invest in real estate with a traditional retirement plan, the birth of innovative retirement solutions make it possible.
With a self-directed IRA or Solo401k plan, the plan participants are free to take control of their retirement savings and invest in different assets as they wish. Many choose real estate for the low risk, often backed by a property. Others look for steady income from rental or interest payments.
With real estate prices on the rise, investors who enter the market now can expect to benefit from house value appreciation. This is aside from the payment they can collect from their tenants. Value appreciation, however, comes hands-in-hands with capital gain taxes. This is where the Solo 401k plan or IRA LLC can offer great tax advantages.
Any gains from investing funds from these retirement plans are tax-deferred. This means the plan owners can re-invest the full amount and pay no tax until the time of retirement.
Many also opt to pay taxes in advance with a Roth Solo 401k or a Roth IRA. In this case, all earnings, including capital gains, will be tax-free. Considering the large transactions often involved in real estate and
Sense Financial is California's leading provider of retirement accounts with "Checkbook Control": the Solo 401k and the Checkbook IRA. Over the years, they have assisted hundreds of clients to obtain checkbook control over their retirement accounts while providing them with the ability to invest in virtually any investment class, including real estate, private lending, mortgage notes and much more without the need for custodian approval.
To learn more about Solo 401k, please visit sensefinancial.com
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