Do you have an Individual Retirement Account (IRA)? Did you know you can have your IRA buy Real Estate? You CAN!
Mckenna Property Management can manage your IRA purchase just like any other investment property you have with us. We can make it “easy ownership” and have your retirement create even more wealth for you.
Funding your self-directed IRA is as easy as just rolling over funds from an existing IRA account or from a former employer’s 401k plan. Once your IRA is funded with a custodian (we have had good experiences with Preferred Trust as a custodian), I will work with our experienced REALTORS® with the Mckenna Team to find you a perfect rental. You can then have the IRA purchase the property. I can then become your property manager for the new investment. Allowing you to unlock the potential of your IRA to invest in something outside of the stock market.
The income made each month from your rental will go back into your IRA. Let’s work on making you some TAX free income.
If this seems interesting for you and you would like to research further or have additional questions please reach out to me. If I don’t have the answers, I will find the right source that does.
Since the IRS gifted Americans the ability to generate tax-deferred or tax-free income through IRAs (Security Act of 1974), I say let’s take the gift and make something of it.
Your business matters to me and if I can help build wealth for you and your family, I will. I am constantly on the lookout for ideas that can do just that for you.