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The following is a hypothetical model based off of an investors figures he figured on this actual property. Back in 2007, the average IRA that was transferred to a self-directed IRA was about $200,000. After the crash in 2007-2008. The average value of IRAs decreases to about half, thus putting the current value at $100,000. … Continue reading “How to Double Your Retirement Overnight”
Category: Taxes
Property Taxes on Investments
One of the benefits of having a Mountain West IRA self-directed retirement account is the variety of investment options. One of these options is investing in real estate, whether it be residential or commercial. Those looking to take the plunge and start investing their retirement savings in real estate should take into account the associated … Continue reading “Property Taxes on Investments”
Taxes Affect Retirement
Every state collects taxes differently, which is important to consider as you are making your decision about where to retire. If you are using your self-directed IRA to invest in real estate, you may want to closely consider a state’s property tax. Or perhaps moving to a state that collects no individual income tax is attractive. … Continue reading “Taxes Affect Retirement”
