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John Bowens explains the three-step process of purchasing real estate with a tax-advantaged self-directed IRA.
John walks through a demo of myEQUITY, Equity Trust’s online account management system, and how it can be utilized by clients to complete transactions all online.
Discover what’s possible with a self-directed account: https://www.trustetc.com/lp/real-estate-ira/?utm_source=youtube&utm_medium=social&utm_campaign=consideration_education&utm_term=re_3_step_process
Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust Company is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment decision, please consult with your tax attorney or financial professional.
Recipe For Getting Rich
Abundance is energy. Our actions either block or contribute to the flow of the energy of abundance in our life. The more you give, the more you will receive. Practice this recipe to keep abundance flowing in your life.5 Habits of Financially Successful People
What is the true definition of financial success? Although it varies from person to person it can usually include: the ability to pay bills without worry, being free of debt, and having enough money in savings for things such as emergencies, family vacations, retirement, college funds, and more.Ways To Become Rich
There are many ways to make money, but little to gain big money. It is also known by many bad ways that precedes a good way to become rich when it comes to ease and the amount of money earned. The right way is always the safest some ways are mentioned below: Pay yourself first: Automatic and do not miss a payment to yourself. Pay yourself first: Automatic and do not miss a payment to yourself. You must register at least 10% of every dollar they earn. If you want to increase your wealth at a faster pace, saving 15% to 20%.How to Create Positive Cash Flow – While Waiting for Your Real Estate Property to Sell
Have you recently purchased real estate property that you are trying to sell for a profit but have no prospects for a sale? Perhaps you want to invest in Real Estate but are hesitant due to the slow economy and a soft market. It is said to be a buyer’s market, which is an excellent time for people to invest in real estate. This is certainly true for investors that are successful buying and selling houses way below market value. But what happens when you buy a house for purposes of flipping, and it doesn’t sell as quickly as you need it to? It sits there for months, tying up your cash and possibly causing you to end up with an unwanted mortgage note.Can You Protect and Grow Your Wealth Using ETF’s?
With the threat of inflation looming and the value of the dollar sinking, how can you protect your wealth? The stock market has shown some recovery but with economic growth weak and unemployment unchanged can the markets continue to rally? The Federal Reserve has just printed another $600 Billion dollars (QE2) of paper money and used most of it to buy paper Treasuries which puts more downward pressure on the US dollar. Can using Exchange Traded Funds (ETF’S) be an answer to help protect your wealth?