the past few years. Although they’ve been around since the 1970s, SDIRAs are still unfamiliar to many people. By designing your IRA to include real estate investments, you can potentially enjoy: DIVERSIFICATION. There are myriad ways to invest in real estate: purchasing property outright, notes, deeds, and REITs. A single SDIRA can hold as many assets as you deem fit! TAX BENEFITS. By using an SDIRA, real estate investments can grow tax-deferred or even tax-free, depending on the type of IRA you choose. EXTRINSIC MARKET PERFORMANCE. Add- ing real estate to your retirement portfolio can provide a hedge against market volatility, as it often performs differently than traditional stocks and bonds. GREATER CONTROL. With an SDIRA, you have the power to select only the properties you want to invest in and make decisions based on your research and expertise. DESIGN YOUR IRA Navigating the financial waters of self-directed investing can be complex. Fortunately, the process itself is relatively straight-forward: 1. Find a reputable self-directed IRA custodian, like Digital Trust, that specializes in custody for real estate investments. 2. Open and fund your self-directed IRA account. 3. Research and choose the real estate investments that align with your individual goals and risk tolerance.
TARA BOGARD
4. Work with your custodian to complete the necessary paperwork and due diligence. 5. Monitor your investments and adjust your strategy as needed. Digital Trust provides a straightforward approach to help individuals achieve their retirement goals by eliminating barriers and opening retirement possibilities through a wide range of assets and trust administration services. By choosing to design your IRA with real estate invest- ments, you can accelerate your retirement potential to achieve financial freedom on your terms. Don’t let traditional IRA limitations hold you back—explore the power of self-directed investing today to design your financial future! •
Tara Bogard is the senior vice president of business development for Digital Trust and has more than 10 years’ experience in the self-directed retirement plan and alternative asset space. She has played an integral role in creating exponential growth in the firm’s assets under custody. Bogard holds a master’s degree in business with a focus on organizational communication from Murray State University and a bachelor’s degree in organizational communication, also from Murray State University.
This article is for informational purposes only and should not be considered investment advice. Always consult with a financial professional before making investment decisions. Investors considering a self-directed IRA should understand the IRS’s rules around each retirement investment before deciding which is right for them. Some custodians, like Digital Trust, provide investors with information on different investments, but many do not. Savvy investors should be clear about the rules for a self-directed IRA account, if not, a Prohibited Transaction could take place in the account, which could lead to a complete distribution of the account as well as taxes and penalties.
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