Investors in Florida have utilized self-directed IRAs as a tax strategy when buying and selling investments for over thirty years. Self-Directed IRAs are a unique tool that allows you to invest in almost any type of asset with your IRA. Rather than paying the tax dollars, assets inside an IRA grow tax-free. By opening a Midland Self-Directed IRA, the investor opens a world of investment opportunities.
Florida is the mecca for unique assets. Investment Real Estate has always been king throughout the state. Millions of dollars have been made in Real Estate IRAs by buying and selling Florida investment real estate. As Florida has grown and developed, new investment opportunities have popped up all over the state.
Below are just some of the assets you can buy in a self-directed IRA:
- Real Estate: Rentals, land, condos/house/multifamily
- Hedge Funds
- Futures Accounts
- Limited Liability Companies and Partnerships
- Limited Partnerships
- Private Companies
- Bank Stock
- Brokerage Accounts
- Gold and other precious metals
Almost all types of retirement accounts can become a Self-Directed IRA. Roth and Traditional IRAs are the most popular accounts. But small business owners can utilize a SEP or Individual K plan to control their retirement portfolio.
Midland Trust makes it a point to ensure every Florida investor has the opportunity to control and purchase the assets that they are familiar with. Whether you live in the Florida Panhandle, Southwest Florida, Central Florida, or the Keys, Midland wants to work with you. We have helped thousands of clients throughout Florida. Contact us today at 239-333-1032 or download our Guide on Florida Self-Directed IRAs. We can open an account for you today so you can start controlling your retirement.
Midland also does 1031 exchanges! Learn more about deferring taxes on investment property using a 1031 exchange.