Author: Bill Gulas

Starting a Self Directed IRA

Secure financial stability is something everyone hopes to achieve. With the roller coaster ride the stock market has been in past years, many people have become disenchanted with what traditional investments offer. However, they believe they are stuck having to invest in only theses types of assets When it comes to preparing for retirement and…


Self-Directed Gold IRA and Its Benefits

In these unstable times, the financial security of retirement funds is at the foremost of many people’s minds. Having an assurance of stability in the face of instability gives peace of mind to investors. The benefits of having gold or other IRA-approved precious metals as a part of a retirement plan are numerous and well-documented….


IRS Updates Publication 590 For Individual Retirement Accounts

IRS Publication 590 has been updated and released by the IRS. This publication is directly related to Individual Retirement Arrangements and is used by CPAs and other tax preparers when filing federal income tax returns, as well as by IRA owners seeking answers to specific questions about how the IRS views these accounts. In addition…


Self-Directed IRAs and Property Management

Many of our clients invest in real estate with their Self-Directed IRAs. They are looking to capitalize on tax-deferred or, in the case of a ROTH IRA, tax-free income, cash flow, and the potential for future appreciation. When clients own real estate in an IRA for a long-term hold position, they frequently ask about the…


Understanding Fair Market Valuation Forms For Self-Directed IRAs

Custodians and Administrators of self-directed IRA accounts have begun sending out notices to clients regarding the 2013 Fair Market Valuation forms that are due back to their offices in January. A fair market valuation is used to assign or change the value of an asset. Plan Administrators are required to provide a year-end value as…


Would A SEP Make Sense For Your Self-Directed IRA?

One of the most common questions I get when I speak is, “How can I buy real estate or any expensive asset in my IRA when I am only allowed to contribute $5,500 each year?” There are several different types of IRA accounts that can be established to purchase real estate or any other investment…


Boost Your Self- Directed IRA: Understanding the ROTH IRA Conversion

I recently had some clients ask about a ROTH IRA. They are a married couple earning $300,000 a year and want to invest in real estate with their IRA. Their goal is to have income, cash flow and the potential for appreciation should the IRA opt to sell later. The question was how to do…