Self-Directed IRA ?
What kind of return are you getting on your present IRA? Not enough I'll bet! It's sad what the big banks and the Fed has done to the hard working people in this country that have saved their whole life for retirement. And they're not done yet! Take charge of your money and invest it as YOU see fit. Change your IRA into a Self Directed IRA that YOU can manage. Here's one of many websites that you can use for research - http://en.wikipedia.org/wiki/Self-Directed_IRA
Consult your tax advisor before your IRA ends up like Social Security.......... then give me a call and we'll find an investment that will be there when you want it not is some stock broker's pocket.
Buyers - look for Deals
Location is of prime importance in residential real estate, but in land, it's timing. Think about what type of development will occur on the property, how soon, and what permits will be involved. Then gauge the change in market conditions which will be prevalent when you are ready to sell.
One timing issue that you might consider is the IRS' 2-year limitation on deducting business losses against profits in a preceding year. 2006 was the last year many builders made a profit, so they may price their real estate more aggressively to sell by the end of this year and take the loss.
Where Can You Find a Real Estate Deal ?
In today's land and rural real estate market, there are great buys available, but it's more important than ever to use an experienced, knowledgeable Realtor. Remember, buyer services don't cost YOU anything. The seller pays. So contact me to help you find a great deal in land or rural real estate.
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