You can use a self directed IRA to invest in Real Estate
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According to Morgan Stanley, many people view real estate as the top alternative-asset class to own. Almost 60% of those surveyed expect to add to their real estate investments, whether through a Real Estate Investment Trust (REIT) or direct ownership.
Properties that were historically purchased and held for appreciation, now can provide income to the IRA as well. In addition the unprecedented displacement of families from the economic downturn have increased the demand for rental properties, as few new units came on the market during the past eight years.Most investors seek out real estate for certain tax benefits, such as depreciation, long-term capital gains, or they utilize tax deferring exchanges to move from one investment to another. The…
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Daytona Beach Real Estate buyers have something to get excited about in the last quarter of 2016! The project has not begun but it's already the talk of the city! A few footsteps from the sparkling blue Atlantic Ocean, rises The Aruba Condominium. Daytona Beach Shores newest and most distinct residence located at 3721 South Atlantic Avenue. The Aruba will offer only 84 custom residences, allowing it to be a more exclusive place to call home. The pre-constructed condominium will be the 1st new oceanfront condominium to enter the Daytona market in 10 years!
Antonina's Artisan Bakery, a national commercial wholesale bakery, is set to open a regional production/distribution center at Port Orange's Eastport Business and Technology Center, located at 4470 East Parkway. The commercial bakery specializes in gluten-free baked goods to clients such as Trader Joes. The bakery currently has five-production/distribution centers throughout the U.S, adding it's sixth location in Port Orange.