Self-Directed IRA Firm Offering International Investments

<span>The IRA Financial Group, creators of the Self Directed IRA LLC program, has expanded its real estate program to include international investments.</span>
Reported by Nicole Bliman

The expanded Real Estate program allows IRA investors to use retirement funds to purchase foreign real estate tax-free. “Our tax experts have carefully studied international tax treaties as well as local tax rules to offer our clients with a customized self-directed IRA platform for making tax efficient foreign real estate investments,” said Scott Krokoff, a tax attorney at the IRA Financial Group.

Each client of the IRA Financial Group is assigned a tax attorney to help with the establishment of the Self-Directed IRA LLC structure for purposes of making foreign real estate investments, according to the company.

A Self Directed IRA, also called a Self-Directed IRA LLC with “checkbook control,” is an IRS-approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. The IRA Financial Group explained that the Self Directed IRA involves the establishment of a limited liability company (LLC) that is owned by the IRA (care of the IRA custodian) and managed by the individual or any third-party.

To learn more about the IRA Financial Group, visit http://www.irafinancialgroup.com.

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