Real Estate IRA – Don’t Judge a Plot by its Cover

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Our busy travel schedule continues this week as representatives from New Direction IRA make their way to Nashville, TN for the National Land Conference. We’ve already had amazing conversations and gleaned fascinating perspectives from the country’s top real estate professionals. Our company strives to keep our finger on the pulse of all matters related to alternative IRA investments, though conferences like these always highlight interesting angles that we may not readily consider. Such angles certainly exist in the lucrative world of real estate. Many investors understand the earning potential of land in a self-directed IRA, but some may only see opportunities to develop property or hold and flip. As we’ve learned in Nashville, the value of vacant real estate may lie beneath the surface.

Farmers and ranchers could arguably tout the importance of land better than anyone, but now they’re exploring business ventures beyond crops and livestock. A growing population of agricultural workers is beginning to add real estate to their self-directed IRAs and lease it to other farmers. This could allow them to profit from the always in-demand agricultural industry without having to tend a new set of fields. Other uses for vacant land can offer a financial edge depending on geography. Regions conducive to timber, water, minerals, or even oil and natural gas can provide intriguing possibilities for investors looking to gain from transacting mining or extraction rights. As with the agricultural strategy, this approach can yield healthy returns for land owners who won’t have to supply physical labor.

These compelling insights from industry-leading professionals have made for an enriching experience at the National Land Conference. These topics, as well as a rising awareness of non-recourse financing as an option for IRAs, leads us to believe that the real estate IRA field can advance in exciting ways. For more information about self-directed retirement or to address any questions or concerns you may have, please feel free to contact our office.

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