Asset Exchange Strategies, LLC Announces Key Partnership with Lifestyles Unlimited, INC. for Investing in Real Estate with IRAs
(ContentDesk) December 19, 2005 -- Asset Exchange Strategies, LLC, a leading self-directed IRA advisory firm that enables investors to purchase real estate and other non-traditional assets with an IRA, today announced that it has entered into a key partnership with leading Houston real estate investment and mentor group Lifestyles Unlimited, Inc. (http://www.luinc.com).
As a result of the strategic partnership, Asset Exchange Strategies will be the only company currently providing IRA LLC and other self-directed advisory services to Lifestyles Unlimiteds 4000+ members. With the exceptional tax and retirement benefits that alternative investments enable, especially using an IRA LLC, it is no wonder that their popularity is becoming more mainstream.
Asset Exchange welcomes the opportunity to work with an organization noted as the premier investing club throughout all of Texas, said Daniel Cordoba, Certified Estate Advisor, CEA, and founder of Asset Exchange Strategies, LLC.
Asset Exchange Strategies will be on hand to assist members of the groupwhich enables investors to locate, purchase and manage everything from single-family homes to 200+ unit apartment complexesin purchasing real estate within retirement plans without penalty and paying little or nothing in taxes.
Investors will also obtain greater investing freedom and protection from litigation through Asset Exchanges expertise in creating IRA LLCs, which act as the legal owner of the IRAs portion of the property.
As our investors seek out alternative ways to take control of their financial futures and capitalize on their knowledge of the real estate industry, we have seen a growing interest in self-directed retirement accounts, as can be witnessed from the exceptional turnout at Asset Exchanges recent appearance at our club, said Stephen Davis, vice president of Lifestyles Unlimited.
We are happy to have the leader in this space, Asset Exchange Strategies, as an integral partner in helping to meet our members needs. Lifestyles Unlimited members have conducted thousands of real estate investment transactions since 1990, a large number of them within self-directed IRAs.
The company offers real estate investors a proven system for locating, identifying, purchasing and managing investment real estate to build wealth and cash flow.
The system includes a variety of support services, including mentoring around-the-clock, continuing education and seminars and a resource network.????About Asset Exchange Strategies, LLCAsset Exchange Strategies, LLC advises individuals on how to invest in real estate and other non-traditional assets with their IRAs to obtain greater control over investment options while earning tax favorable income that IRAs enable, offering complete support, advice and reporting for investment transactions.
Similar to a traditional financial advisor, Asset Exchange Strategies, LLC works with investors to assess their unique objectives, risk tolerance and other factors, educate them on options and institute a program that allows them to select from a much greater breadth of investment choices.
Using their knowledge of industry regulations, Asset Exchange Strategies, LLC is able to provide lower fees and greatly expanded investment options.
They also enable investors to have greater control over self-directed IRA investment transactions and reduce investor risks and liability through the protection of a Self-Directed IRA LLC.
Asset Exchange Strategies, LLC is online at http://www.MyRealEstateIRA.com.
SEP IRA - For Last Minute Tax Deductions
Virginia - February 24, 2003 - The SEP IRA is one of the few remaining methods for small business owners to cut their taxes for last year.
Employer contributions made to a Simplified Employee Pension-Individual Retirement Account, known as a SEP plan, before a company's tax filing deadline are deductible for 2002.
This holds true even if the SEP plan is set up and the contributions are made in 2003."A SEP-IRA allows small business owners and sole proprietors in a very simple manner to cut their tax liability by making retirement contributions for their eligible employees," says Daniel Lamaute, retirement plan specialist at InvestSafe.com and CEO of Lamaute Capital, Inc.The SEP-IRA has several main advantages for employers, says Lamaute.
"Employers get a tax deduction while the SEP-IRA contribution is not taxed as income to the employees.
The earnings within the SEP IRA are taxed deferred until the participant pulls money out, usually at retirement...
Ira > SEP IRA - For Last Minute Tax Deductions
Roth IRA Withdrawals
Roth IRAs are individual saving schemes meant for people with taxable income who meet certain eligibility criteria. They are different from the traditional IRA, in that the contributions made to them are subject to tax deductions, but the earnings themselves are tax-free. This means that the Withdrawals are not subject to taxation. Also, you can have more than one Roth IRA account, but there is a limit to the amount of contributions that you can make in them. Your total contributions in all the accounts cannot exceed $4,000, or 100% of your adjusted gross income, whichever is less.
There are some rules and regulations involved with the Withdrawals of the earnings accrued from these savings.
First and foremost, if you have multiple Roth IRA accounts, you can withdraw money from any of the accounts. Yet the Withdrawals themselves have to be made in a certain order, regardless of the account you choose to withdraw from. The order to be followed is: first of all you have...
Roth IRA Withdrawals
Ira > Roth IRA Withdrawals
Tax Treatment for Coverdale IRAs
A number of publications, including my own, have mistakenly reported over the past year that Coverdale IRAs, formerly known as Education IRAs, are tax deductible. Coverdale IRAs are not tax-deductible.Originally the concept of education IRAs was meant to provide a tax-deductible benefit that would defer taxes on contributions until the time of withdrawal, but the accounts were limited in size to only $500 per year. Due to the small allowable account size, these Education IRAs were not very popular with savers of financial institutions. Then in 2001 the amount of the allowable contribution was increased to $2,000 for individuals with an income up to $95,000 or couples filing jointly with an income up to $190,000. But the contribution is not deductible from taxable income for federal income tax purposes in the same manner as a traditional IRA account.One possible "work around" to achieve the immediate tax deferral benefit of deductibility is to make a regular tax deductible IRA contribution...
Tax Treatment for Coverdale IRAs
Ira > Tax Treatment for Coverdale IRAs
New Tax Bill Creates the Greatest Tax Break of Your Life
Pittsburgh, PA (ContentDesk) May 18, 2006 -- James Lange, CPA/Attorney, says
taxpayers with an AGI greater than $100,000 need to know about the New Open Season for Roth IRA conversions that is provided for in the new tax law.Respected Roth IRA expert Lange says: The new tax law is HUGE for taxpayers making more than $100,000 who have an IRA. The long term benefit to your family of making a Roth IRA conversion can be estimated by multiplying the current value of your IRA by 15. Wednesday, May 17, 2006, President Bush signed a major tax bill that
presents wealthy Americans with an outstanding lifetime opportunity. The Tax Increase Prevention and Reconciliation Act (TIPRA) will lift the $100,000 AGI ceiling on Roth IRA conversions for tax years after 2009. In 2010, wealthy Americans will, for the first time, qualify for
Roth IRA conversions. Lets look at a scenario:
a taxpayer makes more than $100,000 and he has a $500,000 IRA. If he converts his IRA...
Ira > New Tax Bill Creates the Greatest Tax Break of Your Life
New Program Announced that Helps People Finance Real Estate Using Their IRA or 401k
(ContentDesk) July 28, 2006 -- Sum Total Financial Management has launched a new program that allows people to leverage their IRA or 401k to buy a home, property, vacation home, or any other real estate investment. The new program gets you cash flow that you need to ease the pain of making mortgage payments. Why be in a cash crunch or borrow money from the bank when you already have money in your 401k or IRA? Call Terry Treudt at 866-654-7200 or visit http://usirarealestate.com today to find out how you can be living worry free in your new home..
New Program Announced that Helps People Finance Real Estate Using Their IRA or 401k
Ira > New Program Announced that Helps People Finance Real Estate Using Their IRA or 401k
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Ira > Jeans
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Ira > Alex Max New York LLC - Gay Gal Parfum and Gay Guy Parfum Created "Just For The Two Of You To Celebrate Your Life" So..."If You Can Afford It, Flaunt It" TM