Comments on: Free Webinar How to Invest in Real Estate With Your IRA http://baltimorerealestateinvestingblog.com/2009/03/free-webinar-how-to-invest-in-real-estate-with-your-ira/ Ned Carey's Comments on Real Estate Investing, Business and Finance Tue, 31 Jan 2012 08:32:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Kevin Phoenix http://baltimorerealestateinvestingblog.com/2009/03/free-webinar-how-to-invest-in-real-estate-with-your-ira/comment-page-1/#comment-1335 Kevin Phoenix Wed, 25 Mar 2009 07:13:08 +0000 http://baltimorerealestateinvestingblog.com/?p=374#comment-1335 Although this particular seminar is too far away for me to reasonably attend, I feel it appropriate to support. I, together with 3 clients, invested a large proportion of our personal pension (IRA) funds into commercial property in the UK. Two of those clients are tenants of the property (along with 55 others). We created an un-Approved Property Unit Trust (Mutual Fund) using our pension funds. The Trust then borrowed 70% of the purchase price and bought the property. The rental income from the property pays the capital and interest on the loan and expenses, including a fee to the Trust managers (i.e. us). Any excess profit goes into our individual pension funds. 7 years down the road; the property value has doubled; we only have 3 years left on the mortgage; each of the Trust Managers has received, by way of management fees, an amount in excess of the capital invested by their pensions; there is no tax to pay... and we haven't touched our pension. So, if you can do it... go for it! <abbr><em>Kevin Phoenix´s last blog post..<a href="http://francofiles.org/personal-financial-rescue-plan/" rel="nofollow">Personal Financial Rescue Plan</a></abbr></em> Although this particular seminar is too far away for me to reasonably attend, I feel it appropriate to support.

I, together with 3 clients, invested a large proportion of our personal pension (IRA) funds into commercial property in the UK. Two of those clients are tenants of the property (along with 55 others).

We created an un-Approved Property Unit Trust (Mutual Fund) using our pension funds. The Trust then borrowed 70% of the purchase price and bought the property.

The rental income from the property pays the capital and interest on the loan and expenses, including a fee to the Trust managers (i.e. us). Any excess profit goes into our individual pension funds.

7 years down the road; the property value has doubled; we only have 3 years left on the mortgage; each of the Trust Managers has received, by way of management fees, an amount in excess of the capital invested by their pensions; there is no tax to pay… and we haven’t touched our pension.

So, if you can do it… go for it!

Kevin Phoenix´s last blog post..Personal Financial Rescue Plan

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