an investment? You can’t stay there even if you pay full market rate. Or, that Home Depot credit card you want to open for a renovation project? Your signature on the application is pro- hibited. By signing for the LLC, there are substantial penalties including a complete
distribution of everything in the IRA. These are common mistakes that can be avoided with the right guidance. And they’re not the only mistakes you can make. Other downsides to the checkbook self-directed IRAs are the high costs of setup and maintenance, as
well as the attention they garner from government agencies that pay close attention to these investments. To make the most out of your self-di- rected IRA investments and to prevent common mistakes, get in touch with a qualified self-directed IRA custodian. •
BY JAIME RASKULINECZ
Jaime Raskulinecz was inspired to start Next Generation Trust Services in 2004 due to her desire to make real estate investments within her retirement accounts but inability to find a company to help her make those transactions. A longtime real estate investor, she has worked full-time in the real estate industry since 1994 and is a certified property manager (CPM), a New Jersey licensed real estate broker and an active member of many national and statewide real estate organizations. In addition to leading Next Generation Trust Services, she is CEO and a principal of Rainbow Property Management, a real estate management firm that has earned the Accredited Management Organization (AMO) credential from the Institute of Real Estate Management. A recognized expert in the field of real estate investing within self-directed retirement plans, Raskulinecz has been interviewed frequently by and has contributed articles to prominent real estate and investment publications. She also has been honored by numerous publications and organizations for her work on behalf of women business owners and entrepreneurs. 973-533-1880 | www.NextGenerationTrust.com
28 THINK REALTY INVESTOR REVIEW
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