New Case Answers Important Questions About IRA LLCs

February 13, 2014

Guest article by Mat Sorensen:

Can my IRA own substantially all of the ownership of an LLC? Can my IRA/LLC pay a salary to me for serving as the manager of the IRA/LLC? The U.S. Tax Court issued an opinion in the case of Ellis v. Commissioner, T.C. Memo 2013-245 and answered both of these questions.

In Ellis, the Tax Court resolved two questions posed by the IRS. First, did Mr. Ellis engage in a prohibited transaction when his IRA acquired 98% of the membership interest in CST, LLC? And second, did Mr. Ellis engage in a prohibited transaction when CST, LLC (owned 98% by his IRA) paid him compensation for serving as the manager?

As to the first question, the Tax Court held that Mr. Ellis’ IRA did NOT engage in a prohibited transaction when it acquired 98% of the ownership of a newly established LLC. The other 2% was owned by an unrelated person who was not part of the case and whose ownership did not have an impact on the decision. The IRS contended that a prohibited transaction occurred when the IRA bought ownership of CST, LLC. The Court disagreed, however, and held that the IRA’s purchase of the initial membership interest of the LLC was NOT a prohibited transaction. The Court stated that the IRA’s purchase of membership interest in a new LLC is analogous to prior holdings of the Court whereby the Court held that an IRA does not engage in a prohibited transaction when it acquires the initial shares of a new corporation. Similarly, the court held that a new LLC is not a disqualified person to an IRA under the prohibited transaction rules and as a result an IRA may invest and own the ownership of the LLC. IRC § 4975(e)(2)(G), Swanson V. Commissioner, 106 T.C. 76, 88 (1996). Consequently, the Court’s ruling means that it is NOT a prohibited transaction for an IRA to acquire substantially all or all of the ownership of a new LLC.

As to the second question, the Tax Court held that it was a prohibited transaction for the LLC owned substantially by Mr. Ellis’ IRA to pay compensation to Mr. Ellis personally. The court reasoned that, “In causing CST [the IRA/LLC] to pay him [IRA owner] compensation, Mr. Ellis engaged in the transfer of plan income or assets for his own benefit in violation of section 4975 (c)(1)(d).” This type of prohibited transaction is often times referred to as a self dealing prohibited transaction and occurs when the IRA owner personally benefits from his IRA’s investments. The Court looked to the operating agreement of the LLC which authorized payment to Mr. Ellis for serving as the general manager and also the actual records of the LLC which showed the payments to Mr. Ellis. When using an IRA/LLC, one of the many important clauses in the operating agreement is one which restricts compensation to the IRA owner or any other disqualified person (e.g. IRA owner’s spouse or kids). Also, the actual payment and transaction records of the IRA/LLC will be analyzed so it is important that both the LLC documents and the actual payment records do not allow for or result in payment from the IRA/LLC to disqualified person (e.g. IRA owner).

It is also important to note that the Tax Court rejected Mr. Ellis’ argument that the payments were exempt from the prohibited transaction rules under section 4975 (d)(10). Section (d)(10) provides an exemption to the prohibited transaction rules for payments from an IRA to a disqualified person [e.g. IRA owner] for services rendered to manage the IRA. The Tax Court rejected this argument stating that the payments from the IRA/LLC were not for management of the IRA but for management of the IRA/LLC and its business activities. In this case, the IRA owner was actively involved as the general manager of the IRA/LLC which LLC bought and sold cars. As a result, the Court held that the payments were not exempt and constituted a prohibited transaction.

I was happy to read this case and find the Court’s conclusions because it matches the same opinion and advice we have been giving clients regarding IRA/LLCs for nearly ten years: that a newly established LLC owned by an IRA does not constitute a prohibited transaction but the IRA/LLC cannot pay the IRA owner (or any other disqualified person) compensation for managing the IRA/LLC.

Mat Sorensen is a lawyer and the author of The Self Directed IRA Handbook: An Authoritative Guide for Self Directed IRA Investors and Their Advisors. He is a partner with KKOS Lawyers in its Phoenix office and assists clients nationwide on self directed IRA matters. He can be reached at [email protected] or by phone at 602-761-9798. His website is www.sdirahandbook.com

Tips for Title Insurance

February 3, 2014

Guest article by Deborah Farnell:

When evaluating an investment in real property, whether for purchase or to hold a note on, one of the most important aspects in your risk assessment is making sure the property has a clear title. Typically, there are no IRS or custodial/administrator requirements to obtain title insurance on IRA-owned real estate. As the primary fiduciary of your self-directed IRA, the decision to insure the title to the investment property is entirely yours.

If you chose to simply have a title search of the property performed without actually purchasing the title insurance policy, you may gather useful information, but there is no coverage to protect you as the homeowner or lender. Quite often investors will rely on a pencil search or ownership and encumbrance report to inform them of any issues with the property and then forego the actual purchase of a title insurance policy to save money. These title search products provide no protection and are often performed as preliminary searches without the formality of a title search that is required to issue a policy of title insurance. In the current market of abundant foreclosures, short sales, bankruptcies, and fraudulent activity it is more important than ever to protect your investment. Title insurance is a one-time premium that protects your investment for the entire time you own the property.

Here are some helpful hints to consider when obtaining title insurance for your transaction:

  • Work with a title company that is familiar with complex transactions and is considered investor friendly. Quite often when you are shopping for title insurance and do not have an established relationship with a title insurance professional, you will get objections and claims that the transaction you are proposing is illegal when all that is needed is a better understanding of the structure of the deal.
  • Be proactive in getting the information on the transaction to your IRA administrator and title company as soon as possible. My title company does not charge a cancellation fee for transactions that do not close, and we ask our clients to get us the contract as soon as it is accepted so that we can begin our title work immediately and get any objections or problems solved before deadlines come due. Since there are often a number of parties involved in these transactions that need to review, question, and revise documents as the deal concludes the more proactive you can be to allow the parties time to perform their necessary due diligence, the smoother the transaction will be.
  • Review the title commitment carefully. Make sure you understand the requirements and exceptions listed on the commitment and that all items are satisfied as needed. Quite often when purchasing from national banks or servicing agents, a national title company may be used that is not familiar with state or local rules and customs. Perfect examples of this in Florida are the issues with unrecorded utility liens and code violations, which vary by city or county.
  • If you are purchasing property to be held in your IRA, you can typically get the seller to pay for the owner’s title insurance policy. If you are lending money and holding the note, you can require your borrower to purchase a lender’s or mortgage title insurance policy that covers your interest in the property.

Deborah has been in the title industry for more than 18 years and is the owner of Southeast Professional Title, LLC, in Maitland Florida. You can reach her at [email protected] or 407-539-0781.

Getting America to Save

January 29, 2014

Article by Glen Mather:

I originally had no intention of listening to the State of the Union address. After all, the content is never a surprise, with bits and pieces being leaked weeks in advance. But when the address began, I was on a long drive, so I tuned in. Even though I reached home before the President’s speech finished, I idled in the driveway through its end.

While most of the speech carried few new ideas, imagine my interest as an IRA administrator when the concept of “myRA” was announced. Here are a few more details gleaned from senior administration officials: Enrollment in myRA would be voluntary, although there are rumors that it may require an opt-out for employees working at companies without a current retirement plan. The account can start with a $25 contribution, with automatic payroll deducted contributions of as little as $5 per month. Tax-free withdrawals could be made at any time (so I would assume that the contributions are not tax-free). Once the myRA account reached the $15,000 cutoff, it would be automatically rolled over to a Roth IRA. The true wrinkle of the myRA concept is the investment choice. It will be made for you. Not mutual funds, high growth stock or indexed funds. No, the only option is government bonds, chosen by your investment advisor – the government.

So is this a good idea? Well, if it gets more people to start saving, absolutely. The habit of putting some money aside on a routine basis is unassailable, no matter what your economic situation may be. After all, you can’t invest what you don’t have.

But if it produces a generation of savers who have no choice of their investments, it can breed dependence and indifference.

A self-directed IRA, whether a Traditional, Roth, SEP or Simple, is one where the client is in full and absolute control of their investment choices. Most ironically, what the President is proposing with this new savings plan seems to be exactly the same as a Roth IRA, but with much less choice.

Perhaps what is needed most is a publicity campaign focused on the myriads of retirement plan choices that we already have. There is little doubt that 401(k)s, 403(b)s, and 457 plans, along with the various types of IRAs, are great vehicles to prepare for retirement. Employer-matching and the tax benefits further incent the obvious need to augment Social Security with something more substantial and certain. These plans have attracted contributions and have grown to hold more than $9 trillion in retirement savings. Not exactly failure.

So let’s spread the word about the value of saving, especially tax-free, and let’s remember the benefit of taking reasonable risks – they offer a potential greater reward. Government incentives such as the Retirement Savings Contribution Credit produce amazing incentives to modest-income savers, yet few take advantage. MyRA may make a difference, or it may just further confuse an already confused taxpayer. The idea is laudatory, but the result is yet to be determined.

Private Money Loans from a Self-Directed IRA – High Returns at Low Risk

January 23, 2014

Guest article by Fern C. Burr:

For more than 20 years, I have worked as a Realtor, a mortgage lender and broker, and a real estate investor. My reason for success is this – I always try to maximize my profits in a way that is as safe, secure, and as careful as possible. Now, however, I spend a lot of my time teaching other people how to be successful real estate investors.

While I still tinker in the stock market, I prefer investing in real estate. I was introduced to the concept of a self-directed IRA 10 years ago, the same time that NuView opened their office in Lake Mary, and I have been a client ever since. I am always happy to spread the word about self-direction and what a useful tool it has been for me and for many of my clients.

People think of a mortgage broker as someone who originates institutional mortgages for primary residences and for buy-and-hold rental properties. These types of mortgages are referred to as Conventional and FHA loans. While we do originate those products, we are also known in the real estate investor community as THE place to go for private money. These private funds often come from people who use their self-directed IRAs to invest in mortgages secured by real estate, in essence these people lend money from their IRA to the borrower.

Why do people need private money? Sometimes the property needs work or it won’t qualify for Conventional financing; other times, private money satisfies “the need for speed.” Recently, I got a call from a buyer on a Monday telling me his offer on a property was accepted. It was a great deal, but it had to close on Friday. Because the buyer got us everything we needed quickly, and because of the great relationship we have with the owner of the IRA and the excellent work relationship we have with the staff at NuView, we were able to close that loan in less than one week.

We treat our loan applications for private mortgages the same way we treat a loan application for an institutional mortgage: We get information on income, liquid assets, and a full tri-merge credit report. We also always get an appraisal on the property. The name of the game is Due Diligence. We want to love the borrower and love the property. Every borrower has to have some “skin in the game.” We gather all this information, then the lender just has to make a “common sense” decision.

Fern is a State of Florida Licensed Loan Originator/Mortgage Broker and Owner of Mortgage Professionals of Central Florida, and she is also a State of Florida Licensed Real Estate Broker. You can reach her at [email protected] or 407-330-2855.

Crowdfunding vs. REITs for Real Estate Investment

Guest article by Jilliene Helman:

The recent trend toward online “crowdfunding” has begun to make some private real estate investment opportunities more accessible to investors at relatively small minimum investment amounts. Diversification remains a key concern however, and the real estate investment trusts (REITs) that would seem to solve that problem for “average” investors continue to be given short shrift by the larger financial institutions. What gives?

REITs operate pools of many different properties and their shares offer at least a degree of liquidity. Yet recent surveys estimate that institutional investors continue to place between 80% to 95% of their real estate allocations into private real estate investments, rather than publicly traded REITs. Crowdfunding sites tend to similarly focus on private opportunities.

Many market participants insist that there are simply some things that private real estate investments can do better than public REITs. Some of these purported advantages are:

  • Public REITs are driven partly by underlying market sentiment, rather than real values
  • REITs are limited by asset class or geography; but cycles don’t always track either of those groups, so private opportunistic buying makes more sense
  • Private equity is better managed and investor-aligned because sponsors are highly invested, and so focused on achieving high returns
  • Private equity is disciplined by its focus on achieving a successful exit
  • The liquidity of public REITs is illusory (only the biggest REITs are liquid)
  • Private equity can be nimble, with more ability to buy at the bottom of the market and sell at the top
  • Private transactions use a bit more leverage, so should be able to outperform public funds

It seems that part of the issue with REITs is essentially their nature. A creation of the Internal Revenue Code, a REIT is a real estate company or trust that has elected to qualify under certain tax provisions to become a pass-through entity that distributes to its shareholders substantially all of its taxable earnings in addition to any capital gains generated from the sale or disposition of its properties. To qualify for this tax treatment, a REIT must follow several legal requirements, probably the most significant of which is that distributions to shareholders must equal or exceed 90% of the REIT’s taxable income.

This requirement would seem to be beneficial to investors, but it can prove to be a handicap. Because they must distribute nearly all of their income, both mortgage and property REITs must regularly sell equity in order to grow, i.e. acquire more assets. Institutional investors holding REIT shares are continually being approached to increase their existing positions, a circumstance that can worsen liquidity issues at smaller REITs whose shares are already largely held by just a few institutional holders.

Refinancing risk includes not only the risk associated with the cost of debt, but also that relating to the availability of capital. In 2008, the subprime mortgage crisis resulted in a very severe credit crunch in which many REITs were unable to refinance corporate or property-level debt when it came due, regardless of operating performance. The focus of discussion became “survivability,” and there was a massive sell-off in REIT shares. One very high-profile REIT, General Growth Properties, which had been one of the largest REITs in existence, sought bankruptcy protection.

REITs also face other issues that tend to reduce their attractiveness to some investors. They tend to focus only on the highest “Class A” assets, and are often unable to take advantage of “core-plus” or “value-added” properties needing some remodeling or more extensive renovation to get their cash flows up to desired levels, but which also offer greater potential returns. Another drawback is that the value of REIT shares can fluctuate constantly, just like any other stock. If one purpose of real estate is to provide true asset class diversification, some people argue that REITs fail that test simply by being publicly traded. Private real estate investments are somewhat insulated from – or at least not closely correlated with – the equity markets.

The debate over whether private real estate investments or publicly-traded REITs are better overall investments will surely rage on for some time. REITs suffered greatly during the recent recession but have come back strongly recently, with many institutional investors taking a greater stake in them than in previous years. Nevertheless, most large institutions – and crowdfunding sites – remain focused on private investments for reasons of reduced volatility, exposure to a broader range of opportunities, and true asset class diversification.

 

Jilliene is the CEO and co-founder of RealtyMogul.com. Realty Mogul is crowdfunding for real estate – a marketplace for accredited investors to pool money online and buy shares of pre-vetted real estate investments.

Real Property vs. Market Investments

January 9, 2014

Guest article by David Hoyle:

After spending more than 20 years on Wall Street as a partner in a major investment firm, I now focus on providing a cost effective way for others to invest in the real property market through self-directed investment programs. I believe there is no better way to diversify capital market risks, better-known as stock market risks, than through the introduction of tax-deferred investments in income-producing assets into an individual investor’s portfolio.

I hope that as you and I look into our collective crystal balls of the future, we recognize the following:

  1. Stocks are making new highs, despite an expectation on the part of a majority of investors, but that growth will remain low and fragile in the coming year.
  2. Bonds, which have been made expensive through the Federal Reserve Bank’s “Quantitative Easing” program, will now become a source of increasing volatility and risk as the FED scales back its buying program.

At a time when equity and bond portfolios are becoming more correlated (i.e. they tend to behave the same and are therefore less diversifying and more risky), real estate investments represent a true source of diversification and a source of very attractive returns. While individual stocks may offer double digit returns in the future, seldom do general index linked assets offer multiple consecutive years of double-digit returns.

As uncertainty creeps into the financial assets marketplace, an increasing number of investors will look to real property investments. Problematically, they will see opportunities, but will be confronted with increasing liquidity issues. Banks will not lend.

This is where a great opportunity for self-directed IRAs exists. Direct portfolio investment, joint ventures, equity participation lending, and other transactions within a self-directed investment framework all look likely to be on the upswing for 2014 and beyond.

Together with NuView, we at Old Florida Properties look forward to helping you find profitable opportunities.

David is the founder and managing broker of Old Florida Properties LLC, a licensed real estate brokerage firm located in downtown Orlando. You can contact David by phone at 407-529-4621, or you can visit his website at www.old-fl.com for more information.

What’s different in 2014 for self-directed IRAs?

The public stock market exchanges have had a remarkable year – with the Dow Jones Industrial average up 22% and the Nasdaq up an amazing 33%. Yet, interestingly enough, the growth of self-directed IRAs continues unabated. Why? Many investors would prefer to invest in what they know and understand, and in many instances believe that by making their own decisions they will have a better long term result.

Quite frankly, the best news is that Congress and the IRS have pretty much left IRAs alone, although rumors are swirling about potential curtailments on conversions to Roth IRAs. The good news is there have been no changes to the contribution limits for any of the IRA vehicles this year. The only change in this arena is largely around income limits for eligibility to contribute or tax deductions for those contributions.

For those of you interested in solo 401(k) plans, the defined contribution limit has increased to $52,000. Educational Savings Account contributions are still at $2,000. And Health Savings Account contributions have been raised to $3,300 for individuals and $6,550 for families.

So, to those of you who haven’t started self-directing, get going. And to the rest of you, congratulations and continue to build your wealth. The success our clients experience with us are inspiring, and we are grateful that we can help keep client investments sheltered from the taxes that can eat away at returns. Investing through an IRA with NuView, your dream of retirement may be closer than you think.

Giving Back Through Your Self-Directed IRA Investments

November 27, 2013

Feeling good about your investments? For many, that question goes far beyond assessing risk, returns, or strictly financial measurements. For them, it’s not just what their money is doing for them, but also what is it doing for others, how it is giving back to the community at large. The growth of socially conscious investing has created hundreds of specialty mutual funds – from those that avoid purveyors of tobacco and alcohol to others that promote sustainable environmental solutions. According to Forbes, $1 of every $9 invested is directed into these types of funds, and these funds have grown by 22% just in the last two years.

At NuView IRA, many of our clients share a similar concern about the use of their funds. They use their IRAs and rollover 401Ks to restore neighborhoods, start businesses in their communities, lend money to entrepreneurs, and otherwise redistribute Wall Street funds by giving back into their home town. Whether the local benefits are by design, or are accidental, the effects are equally impressive.

The great thing about a self-directed IRA is you don’t necessarily have to sacrifice your returns when your IRA is doing good for others. A close friend called me last week about putting an IRA to work in an unusual way. Through a loan, and its process, his IRA has fundamentally changed the life of the borrower. Though I’ll change the names a bit, the facts are completely true:

Jose is a 57-year-old experienced tractor trailer driver who recently lost his job in the San Francisco Bay area. His wife is dealing with the difficulties of living with Polio and is unable to work. Needless to say, it didn’t take long for Jose to get behind on his mortgage, and he was facing eminent foreclosure action.

After scanning the wanted ads, he was able to find an opportunity for a short-haul driving contract nearby, but during the interview he learned that the cold storage warehouse required him to own or lease a truck. Because Jose was a few months behind in his mortgage, and despite the promise of new work, the banks would not finance his purchase.

Fortunately, the owner of the warehouse company was aware that an IRA could lend funds to an individual, secured by a lien on the vehicle. It only took one phone call to his friend that had an IRA to draw up a note listing the terms of the agreement, and the collateral was secured. Within a few days, NuView IRA was directed by the client to wire his IRA funds to complete the purchase of the truck for Jose.

Jose and the IRA lender decided on the terms: a 9% interest rate amortized over 48 months. Also, all of the insurance and maintenance reports on the vehicle were to be maintained in order for the loan to be in good standing. Furthermore, the note called for the payments to be made directly from the warehouse, before Jose was paid for his contracted work.

What has this meant to Jose? Everything. He is undergoing a loan modification to keep his home, and his wife is now able to receive the medical care that she needs. They can both enjoy the security of not just his job, but also the increasing equity in the equipment that can ensure his continued employment.

What did this mean to the IRA holder? A 9% return secured by a tangible asset – and the sense that he made a difference, not just in his own future, but in someone else’s as well.

This holiday season, there are many ways we can give back. What is your self-directed IRA doing?

Begin with the End in Mind

November 5, 2013

Guest article by Jerry Ross:

In Steven Covey’s book “The 7 Habits of Highly Effective People,” chapter two is entitled, “Begin with the End in Mind.” Since reading the book, I’ve tried to apply that principle in my business and investment decisions, but also in many simple ways too. I might picture a successful trip to the grocery store or the hardware store envisioning what I need to return home carrying. I may even begin a home repair endeavor by first imagining the beautiful result that will emerge from the project at hand. Unfortunately, many times these simple tasks don’t turn out how I envisioned them, even when I began with the end in mind! Most times, I encounter obstacles, challenges, or distractions that I didn’t see when I began. There are distractions along the way to the grocery store, like a super garage sale, or maybe it is wallpaper that just will not come un-stuck from the wall that I am trying to paint. It seems there is always something unexpected even in the simplest of tasks. You envision how you would like things to turn out, but you can’t predict what you will encounter that directly affects how you end up… especially at the beginning. It seems so simple, but things are not always as simple as they seem.

Running a business and investing are much more complex than running simple errands or taking on a home repair project. The consequences of an unanticipated obstacle can be devastating to a business or an investment portfolio. While it is good practice to always “begin with the end in mind,” every business decision (or investment decision) will require monitoring and adjustments along the way. Identifying your destination prior to setting sail is a critical first step, however it is essential that you constantly adjust your sails to accommodate changes in the wind along the way, rather than trying to predict or overpower the wind.

Monitoring progress and making adjustments in pursuit of your goal is good common sense, but it is a critical business and investment practice. Those who can anticipate potential challenges in advance and include flexibility in their plans can quickly adjust to opportunities along the way, and don’t become overwhelmed by unforeseen obstacles. When I project a realistic time frame, allow adequate time for decision making, and seek knowledgeable input along the way, my “end result” is usually closer to my original vision of success…which brings me back to chapter two of Mr. Covey’s book…the action part of achieving your goals.

Visualizing your result and setting a goal is just the initial part of the equation. Action is required to achieve any goal you set. True success in investing, managing a business or even going to the hardware store won’t happen unless you take action, and adjust your course as needed along the way. Being successful in any endeavor will require an investment of your time and attention. Goals and plans without taking action are merely wishes, yet action without planning is just activity, which will very seldom lead you to the success you desire. So, as we approach the end of 2013, now is a great time to re-assess your goals, make adjustments as needed, develop your plans, and then take action to make 2014 a great year…but remember to begin with the end in mind!

 

Jerry is a life-long entrepreneur and currently holds the position of Executive Director at the National Entrepreneur Center located in Central Florida. He is also on the advisory board of NuView IRA, helping to guide best practices for the self-directed IRA administrator as well as enhance its customer experience. You can follow Jerry on Twitter at @JerryRossOnline.

6 Steps to Turn a $12,000 Investment into a $30,000 Profit

October 17, 2013

Guest article by Sandra Edmond:

Is your money sitting at the bank making less than 2%? Meanwhile people are making 18-50% in government backed Tax Certificates. Certificates represent a first position lien on real estate for delinquent taxes. If those taxes are not paid the property can go to a tax deed auction. The tax deed sale is my favorite, and it’s what I’ve been doing since 2004. Both are great investment vehicles for your self-directed IRA. Here are some steps that helped me net a FANTASTIC return on my very first tax deed:

STEP 1: Are you in a Tax Deed or Tax Lien State? Tax Deed states auction off the real estate when property owners become delinquent. A Tax Lien state sells tax certificates to investors when homeowners become delinquent. Once the homeowner pays the taxes the investor is paid off their investment plus interest. Florida is a Tax Deed and a Tax Lien state. I purchased my first Tax Deed in Florida on a vacant commercial lot valued at $60,000 for $12,000. The money came from my mother’s 401k account.

STEP 2: Contact the person in charge of Tax Deed sales. In Florida, it’s the County’s Clerk or Comptroller. Ask how they conduct their tax sales and what happens if nobody bids on the tax deed. That’s what happened to my first tax deed. It then went on a list of properties you can buy over the counter for the back taxes. You should always do your due diligence before purchasing.

STEP 3: Study the property’s file. You will sometimes find a title search in the tax deed file where you may also find information on any other outstanding liens. A mortgage would get wiped out at the auction, but liens, like code enforcement, can stick to the property. You should always visit the property as well.

STEP 4: Once you feel comfortable with the information you have, you can move forward. The county will give you a final payoff amount to purchase it. Often times you are buying at 20-50% of market value. Let’s say you’d also like to go to the auction as well as buy from the list.

Step 5: Find out when the next auction is, get a list of properties being auctioned and do the same due diligence as above. You should find out the auction rules. Most auctions require payment within 24 hours in certified funds.

Step 6: Market your property. If you want to get title insurance, you’ll have to go through a legal process called a quiet title. We waited until we had a buyer before we started our quiet title. We sold the lot for $49,000 making about $30,000 in profit.

Now that you’ve learned a little more about one of the alternative assets you can invest in through a self-directed IRA, you’re one step closer to making a better return on your money.

 

Sandra, aka the “Queen of Tax Deeds,” has been recognized in the Orlando Business Journal as a tax deed expert. She is a licensed real estate agent, graduated from the University of Central Florida and is currently President of Central Florida Realty Investors. Her website has links to her very informative YouTube channel. You can reach her at [email protected] or 407-310-4007.