Archive for the 'Buyers' Category
Consider Investing Your Retirement Funds In Real Estate
February 19th, 2009 categories: Buyers, Real Estate Investing, Real Estate News
Retirement Planning: Buy Real Estate in Your IRA
Most people do not realize that there is an IRS provision that let’s them use their Self-Directed IRA to purchase real estate. This can be an excellent way to invest in that foreclosure property you were interested in. Remember, your investment grows tax free in an IRA.
What types of Real Estate can be used for IRA’s?
- residential
- condos
- multifamily units
- land
- commercial strip malls
- hotels
Why have the IRA invest in Real Estate?
- dissatisfaction with stocks & bonds
- real estate is a tangible asset
- real estate produces rental income which is tax free until distribution
- great appreciation at this time with foreclosures & REO’s
Yes, you can hold property in your retirement account, but there are many rules so be careful. A mistake can turn into a tax disaster. Be sure to follow Self-Directed IRA rules. You have to get your dollars from your retirement custodian (probably your broker) to an independent custodian that offers real estate as an investment option.
While real estate isn’t appropriate for everyone’s retirement account, it should at least be looked at as another option in retirement investment alternatives. Consult with an expert in the field.
For more information please contact me at (305) 329-4929 or [email protected]
| Discussion: 4 Comments »
What’s “The Point of Aventura?”
February 8th, 2009 categories: Aventura, Buyers, Real Estate News
Aventura is an upscale community located on the Intracoastal midway between Miami and Fort Lauderdale.
The Point is located within The Waterways, an exclusive 176-acre waterfront community. There are 5 highrise towers and 60 waterfront courtyard homes. Near every business, cultural, entertainment and sporting center that South Florida has to offer, The Point is one of the last private waterfront communities in Aventura.
The Point of Aventura
At the center of The Point is the Residents Only Club & Spa. This 25,000 square foot clubhouse is open to Point residents only and offers the following amenities:
- a casual cafe
- fully-equipped cardiovascular center
- state-of-the-art weight training center
- 1,500 sqare foot aerobics facility
- men’s and women’s personal treatment rooms
- separete men’s and women’s locker rooms
- sauna, steam and whirlpool facilities for both men and women
- outdoor Roman tub with waterfall
- hair and nail salon
- billiard room
- garden room for additional entertaining
- library for reading and relaxation
- landscaped deck areas for outdoor socializing
- access from all towers to the Club & Spa
The Point is considered one of South Florida’s premier communities. The Point offers a
| Discussion: 1 Comment »
