Real Estate Investments in Your Self Directed Retirement Plan: A Guide [Ring-bound]

Hubert Franz-Josef Bromma (Author)

Book Description

Publication Date: May 10, 1999 | ISBN-10: 1929141009 | ISBN-13: 978-1929141005 | Edition: Ringbound

This step by step Guide of how to purchase Real Estate and Other non-standard assets with Individual Retirement Accounts (IRAs) and Qualified Plans (Keoghs). This Guide shows actual cases of eleven deals from Real Property and Notes to Tax Lien Certificates and participations. The book provides a How to Get Started section, which explains how to open and account, fund the plan and what documents are required. The large reference section provides the legal background information for the book. Written from the perspective of an administrator and recordkeeper, this book provides the inside story of how self directed investments work in real time.

Editorial Reviews

From the Publisher

Hubert Bromma has been part of the financial industries dealing with self-directed plans for over thirty years. He has written this first book in response to requests from national lecture tours and the response from the many radio and television programs he has been a guest on. He will be writing additional books and guides to reach different audiences in the area of retirement plans, particularly those which emphasize self direction.

From the Author

This guide deals with the real and practical issues which all people who wish to direct their retirement assets in investments that they choose. Oriented specifically to real estate investors, this book shows real examples of how it is done and what to look out for. With this guide, anyone will have a leg up on how to make real estate investments work in IRAs and Qualified Plans.

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Product Details

• Ring-bound: 315 pages
• Publisher: Entrust Administration Inc; Ringbound edition (May 10, 1999)
• Language: English
• ISBN-10: 1929141009
• ISBN-13: 978-1929141005
• Product Dimensions: 11.4 x 9.9 x 2.8 inches
• Shipping Weight: 5.2 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #4,282,896 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

83 of 83 people found the following review helpful:

5.0 out of 5 stars You can set up an IRA to buy real estate rather than stock., March 13, 2000

By 

Frederic Harwood (Washington, DC USA) - See all my reviews

This review is from: Real Estate Investments in Your Self Directed Retirement Plan: A Guide (Ring-bound)

This is a very methodical, thorough step by step manual for investing your IRA or retirement funds in real estate. This book was very helpful to me for a number of reasons. A year ago or so I asked three different advisers at Fidelity Mutual Funds whether I could use my IRA money there to purchase and renovate a piece of real estate. They each said no. But this book says the answer should have been yes. That I can set up my own IRA, even a rollover IRA or Keough, and purchase and improve real estate with the money from the IRA. And the book is very methodical about how to do it, including forms and steps in the procedure. I would think the book would also be helpful to estate planners and lawyers who are helping people plan their estates. One thing I wish the authors would address is why should you put your retirement funds in real estate rather in the stock market or mutual funds. Are there tax advantages? Is the income sheltered? Is it easier (ie fewer estate taxes on heirs) to pass real estate on to heirs--is the value of real estate discounted somehow? I wish I had had this book when I was talking to Fidelity so I could have rolled over those IRA funds into this building I bought rather than borrowing money from a bank.