PRESS RELEASE
For Immediate Release
Stock Market Meltdown Triggers New Innovative Real Estate IRA Product
Claim up to $26,000 per W2 Employee
- Billions of dollars in funding available
- Funds are available to U.S. Businesses NOW
- This is not a loan. These tax credits do not need to be repaid
Honolulu, Hawaii (PRESS) September 24, 2008 — The Investment RE Network announced today the introduction of their new RE TURBO IRA™. The new system is designed to provide maximum safety and leverage for self-directed IRA. Created with over 50 years of combined experience in Real Estate, Estate Planning, and Financial Management the new RE TURBO IRA™ allows a small fraction of the risk/exposure, provides 10X the purchasing power, and allows for hands-on supervision when compared to traditional corporate stock.
“The new RE TURBO IRA™ allows investors to acquire real estate in their self-directed IRA without the previous requirement of 30-35% down payment” says IREN President, Dan Doyle. “Now, for the first time investors can add real estate to their (investment) portfolio with as little as 10% down, giving all investors the ability to diversify from the recent stock market volatility”. While it might be too late to avoid recent stock market depressions, the new RE TURBO IRA™ offers an exciting option for the future.
In a comparing survey of data from 2003 and 2008, The Investment RE Network has found self-directed IRA holders have changed their asset allocation dramatically. Statistics show a 48.6% increase in real estate investments and a 78.5% decrease in privately held corporate stock.
Richard Saul, Host of the Investment RE Radio Network, says “I’m always surprised how few investors still are unaware they can acquire real estate with their IRA, and the new RE TURBO IRA™ can give them ten times the purchasing power…many find it hard to believe.” “Not only does the RE TURBO IRA™ give investors leverage, but also allow hands-on supervision and control. If you’ve never made money in the stock market and you know residential or commercial real estate, invest your IRA in that.” So what can your self directed IRA legally own? All forms of real estate, from residential to commercial, boat slips to storage facilities to strip malls, tax liens, or even a beach house vacation rental. There are “prohibited transactions”, so you want to consult a professional. One critical rule governs what the IRS calls "self-dealing," using tax-deferred money for something that benefits you today, this would be a violation.
The Investment RE Network broadcasts investment Radio shows in San Francisco, CA. on KNEW 910 Talk & KLAA Talk 810 in Los Angeles, CA. To learn more about the new RE TURBO IRA™ call the Investment RE Network at (800) 4-INVEST
