American IRA discusses combining the growth potential of real estate and the tax protections of an IRA, real estate can be a powerful way for retirement investors to generate maximum value for their dollar.
CHARLOTTE, N.C., May 24, 2019 /PRNewswire-PRWeb/ -- Might a Self-Directed Real Estate IRA be the best possible investment vehicle for people looking to build a retirement nest egg? That's the question asked at a recent post at American IRA, a Self-Directed IRA administration firm based in North Carolina. According to the post, there are five distinct reasons a Self-Directed Real Estate IRA may indeed serve retirement investors better than they realize.
One of these reasons, according to the post, includes extra protections via the tax code. "The tax advantages that come with Self-Directed IRAs are obvious to anyone who has invested through a retirement account before," notes the post. "Long-term growth in a Self-Directed Real Estate IRA can minimize tax burdens over the years, which in turn helps investors save money."
Other reasons, such as diversifying one's retirement portfolio by investing in a different asset class outside the public stock market, may make Self-Directed Real Estate IRAs more attractive to people who need alternative investment ideas to build a wider and more stable portfolio.
"With this post, American IRA points out the many benefits to investing in real estate through a tax-advantaged account," said Jim Hitt, CEO of American IRA. "There are a lot of reasons that it's different this way. An investor cannot live in their own real estate property if they hold it through a retirement account, for example. But understanding this, it's still possible to maximize the value of an investment by holding it in a tax-advantaged account that can save the investor thousands of dollars over the years."
The post goes on to list five total reasons a Self-Directed Real Estate IRA may be an ideal investment vehicle for those looking to expand their retirement portfolio with growth from real estate.
"Hopefully, this sheds some light on what it might be like to include some real estate in your retirement portfolio," said Jim Hitt. "For a lot of people, it really helps build more confidence that they are building a portfolio that can weather short-term economic storms."
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."