Holding investment inside an investment company (such as an LLC) or investing it in real estate in your name is popular ways of investment. But other options, such as self-directed 401k real estate investing, have also garnered more attention.
Holding real estate in your self-directed 401k is an excellent option for you to utilize your retirement fund. You have a cash-flowing asset in hand and your income grows tax-free or tax-deferred until your retirement.
Self-Directed 401k Real Estate Investing is the best option for you if you want your retirement fund to grow without risking your money in a volatile and speculative stock market.
Self-Directed 401k real estate investing in Palm Beach County – is it possible?
You definitely can! Investment in stocks of IRA, or 401k funds is the only options most people are aware of but you can also invest in real estate. (Some IRA custodians don’t want to hold real estate for you; this is why you should find a self-directed IRA custodian who will).
How does it work? You just have to buy the property in the name of your 401k instead of your personal name. That’s where all the income goes. Your IRA can also be used to pay your management fees.
Should I invest in real estate in Palm Beach County Florida with my self-directed 401k?
If you are thinking about what to invest, putting a cash-flowing asset into your 401k is a good option. Your retirement fund will grow as you receive an extra contribution every month of the year.
It is the easiest way of making your retirement account grow each month. It is consistent cash with minimal or no work on your part. This way you won’t have to worry about your retirement at all. Instead you can look forward to it with anticipation and peace of mind.
In fact, you could even retire sooner than you realized. You can do this by putting a few cash flowing properties into your 401k. You wouldn’t have to wait until you’re 65, 70, or 75 to retire. Instead you could retire and relax right now!
(And don’t forget about the amazing tax benefits: Depending on your 401k plan, that income could grow tax deferred or even tax free!)
Okay, how do I move forward and start investing in my 401k in real estate?
Before investing in real estate, it is important to move it to a self-directed custodian that will allow you to hold real estate (not all of them do). This is a simple and quick process and your custodians will help your with the transfer and the paperwork.
If you want to talk someone, get help or even an introduction to a self-directed 401k custodian, we are here to help.
Give us a call at (561) 370-8335 or fill out our form. We can help you make this smart move to self-directed 401k real estate investing in Palm Beach County.