IRA Financial Group Introduces Special Real Estate IRA LLC Solution to Flip Homes Tax-free using Retirement Funds


Miami, FL (PRWEB) January 31, 2013

IRA Financial Group, the leading provider of self-directed IRA LLC solutions, introduces the Real Estate IRA, a self-directed retirement solution for buying and selling rental properties tax-free.

The special Real Estate IRA LLC offers one the ability to use his or her retirement funds to make almost any type of investment on their own without requiring the consent of any custodian or person, including real estate. The IRS only describes the type of investments that are prohibited, which are very few.

The IRS has always permitted an IRA to purchase real estate, raw land, or flip homes. With IRA Financial Groups special real estate IRA LLC solution, buying and flipping rental properties is as simple as writing a check and is tax-free, stated Adam Bergman, a tax attorney with the IRA Financial Group. As the manager of your Real Estate IRA LLC, the IRA holder will have control over his or her IRA funds so that flipping a home can be made by simply writing a check, stated Mr. Bergman. One major advantage of buying rental properties with retirement funds is that all rental income generated by the property is tax-deferred until a distribution is taken (Traditional IRA distributions are not required until the IRA owner turns 70 1/2). In the case of a Self-Directed Roth IRA LLC, all gains are tax-free.

Unlike a conventional Self Directed IRA which requires custodian consent and requires high custodian fees, a real estate IRA LLC with Checkbook Control will allow one to buy real estate, including rental properties by simply writing a check. With a traditional custodian controlled self directed IRA, one will have total control to make a real estate purchase, pay for improvements, and then sell the property without ever talking to the IRA custodian. Since all the IRA funds will be held at a local bank in the name of the Real Estate IRA LLC, all one would need to do to engage in a house flipping transaction is write a check straight from the IRA LLC account or simply wire the funds from the Real Estate IRA LLC bank account. With IRA Financial Groups real estate IRA LLC solution, no longer would one need to ask the IRA custodian for permission or have the IRA custodian sign the real estate transaction documents. Instead, with a Checkbook Control IRA, as manager of the IRA LLC, the IRA holder, will be able to buy rental properties simply by writing a check.

The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.

IRA Financial Group is the market’s leading checkbook control Self Directed IRA Facilitator. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.







San Diego Introduces Innovative FIGTREE PACE Program to Help Contractors and Commercial Property Owners Fund Solar, Energy Efficiency and Water Conservation Upgrades


SAN DIEGO, CA (PRWEB) January 18, 2013

San Diego commercial property owners are gaining access to a unique financing option for money-saving renewable energy, energy efficiency and water conservation improvements this new year that can create positive cash flow from month one. Its available through an innovative Property Assessed Clean Energy (PACE) program known as FIGTREE, now being offered by the City of San Diego.

Applications are being accepted to provide commercial property owners with 100% up-front, long-term financing for energy and water efficiency building upgrades and renewable energy systems that can reduce operating costs, improve property values and provide a valuable hedge against rising energy costs for decades to come, said FIGTREE CEO Mahesh Shah.

FIGTREE arranges financing (and mortgage lender consent) for property owners by aggregating and selling the projects as municipal bonds. FIGTREE now operating in 25 jurisdictions — was the first in California to successfully initiate this new mode of financing in multiple markets. No public monies are used to support these programs.

FIGTREE finances projects ranging from $ 5000 to those in the millions of dollars (all contingent upon qualified property values). The next bond issue is slated for the first quarter of this year.

The unique properties of PACE provide solar contractors, energy efficiency and water conservation professionals with a brand-new funding vehicle to help clients realize the benefits of energy improvements without adversely impacting their credit scores or their borrowing capacity, noted SunUp Energy’s President Rick Rothman.

FIGTREEs brand of PACE financing puts the benefits of cost-cutting energy and water upgrades (and the enticing tax credits and cash rebates for which they qualify) within reach of most any property owner, said Rothman.

Rothman says that with the rich new incentives for solar water heating that are now available, 2013 will be a banner year for apartment owners, the hotel-motel industry and healthcare providers, who can see full system payback in as few as four years. From then on,” Rothman added, “all those solar savings translate into pure solar profit.”

PACE funds can be used for materials and labor costs of permanently-installed improvements that reduce a buildings use of grid-supplied energy or water. Solar photovoltaics (PV) and solar water heating; wind and geothermal; cool roofs; heating and air conditioning (HVAC); energy-efficient lighting; windows, door and elevator upgrades; boilers and chillers; water treatment and conservation improvements, fixtures, xeriscaping and electric vehicle charging stations are some of the projects eligible for financing under the program. Financing obligations for PACE improvements can be transferred to new owners if a property is sold.

PACE funding requires no minimum FICO score for property owners and no money down. Financing is based strictly on property values usually 10% of an assessed propertys value; sometimes more something that bodes well for property owners in San Diego, where real estate prices are on the rise.

FIGTREE PACE also provides for attractive off balance sheet financing for property owners that can be amortized for periods of up to 20 years as a voluntary line item on their property tax bills.

PACE is a municipal economic development tool that improves property values and puts contractors back to work while helping the City of San Diego meet its AB 32 emissions reduction goals, noted San Diego City Council President Todd Gloria. PACE improves the integrity of local building stock, creates a more sustainable San Diego and — with the savings todays energy efficiency, water efficiency and solar technologies provide — reinforces that good economic and environmental practices are not mutually exclusive. The entire region benefits, Gloria added.

FIGTREE financing is available via an assessment district established by the California Enterprise Development Authority, a joint powers authority who works in partnership with cities and counties across the state. FIGTREEs PACE program is endorsed by the California Building Industry Association, California Business Properties Association, Building Owners and Managers Association (BOMA), Region Builders, Inc. and municipal sustainability and economic development professionals throughout California.

ABOUT FIGTREE PACE: FIGTREE is a full-service, San Diego-based clean energy finance company providing breakthrough, 100% up-front off balance sheet PACE (Property Assessed Clean Energy) financing to help commercial and residential property owners improve their properties and realize the money-saving benefits of energy efficiency, renewable energy and water conservation upgrades with no money down. FIGTREE helps cities and counties create jobs, spur economic development and meet their AB 32 goals utilizing no public monies. FIGTREE is the first company in California to successfully raise private capital for commercial PACE projects via a multi-jurisdictional bond issue. Learn more by calling 1-877-577-7373 or visit us at http://www.figtreecompany.com.







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Pelican Publications Introduces Living in Lakewood

Lakewood, CO (PRWEB) October 29, 2012

Pelicans Living in Lakewood magazine is a localized version of its Living in Denver magazine covering metro Denver. Living in Lakewood was launched in response to demand by Lakewood advertisers for a lifestyle publication targeting the local Lakewood, CO audience. As a result of this targeted approach, businesses can advertise to Lakewood residents in Living in Lakewood without paying extra to advertise to non-Lakewood residents in the larger Living in Denver magazine.

Like the Living in Denver magazine, the Living in Lakewood magazine is distributed through local real estate agents, businesses, home shows and chamber events. Living in Lakewood is also distributed electronically at http://www.livinginlakewood.co. This targeted distribution model makes advertising in Living in Lakewood very cost effective.

About Pelican Publications..Pelican Publications is a Lakewood, Colorado based publisher of Living in magazines and websites which promote the lifestyle of geographical areas to newcomers and established residents of those areas. Pelican delivers newcomer-lifestyle magazines to real estate agents and other organizations for distribution to their prospective clients with their own personalized magazine cover. Pelican electronically distributes its newcomer-lifestyle magazines directly to consumers through livingindenver.co and livinginlakewood.co. Pelican personally distributes its newcomer-lifestyle magazines directly to consumers at home shows, conventions and businesses. More information is available at http://www.mypelicanmagazine.com.







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inPhoenix Realty Group Introduces Interactive Phoenix Housing Market Reports


Phoenix, Arizona (PRWEB) August 04, 2012

Interactive Phoenix housing market reports are available on the inPhoenix Realty Group website. Graphs are available based on city or zip code and include sales, active, median price and inventory data.

By selecting a specific city in the Greater Phoenix area, website clientele are presented with charts that track active properties for sale, sold properties, price per square foot and foreclosure data, including notice of trustee sales. Alternatively, visitors can receive the same up-to-date information by selecting a zip code. Hovering over each graph, visitors will see specific numbers for each given month over the course of the most recent year.

inPhoenix Realty reports, presented in real time, help guide a buyers decision with the in-depth knowledge of local and current market conditions. The housing trends data is accompanied by Phoenix market report opinion pieces as well. Opinionated Phoenix market reports comment on REO, short sales and other time-relevant material.

All information is compiled from multiple sources including the Arizona Regional Multiple Listing Service (armls.com), Cromford Report and presented by inPhoenix Realty Group.

For more information, visit http://www.phoenixmarkettrends.com

About inPhoenix Realty Group:

inPhoenix Realty Group is a group of realtors with HomeSmart Elite who provide Phoenix real estate services for buyers and sellers in the Greater Phoenix area. inPhoenix guides clients decisions using comprehensive market intelligence along with a core knowledge of local market conditions, serving customers best interests before, during and after the sale. inPhoenix invests heavily in providing online visitors as much information as possible and the ability to search for Phoenix homes using unique methods rarely found on competitors websites.

Media Contact:

Artur Ciesielski

602-492-8004

service(at)inphoenix(dot)com







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Springboard Nonprofit Consumer Credit Management, Inc. Introduces Springboard Management LLC


Riverside, CA (PRWEB) June 13, 2012

Springboard Nonprofit Consumer Credit Management, Inc., (Springboard), one of the oldest and largest nonprofit housing and consumer credit counseling agencies in the nation is pleased to announce the creation of its newly formed subsidiary, Springboard Management LLC. Springboard Management utilizes the extensive property management background of two of its most experienced and seasoned executives in creating a unique and diverse affordable multifamily housing management platform. Springboard Management will take a holistic approach to operating and managing an entire range of residential service needs while simultaneously monitoring the financial health and bottom line success of each property owner or investor.

We understand the value of an affordable multifamily property and how to enhance it for both our residents and our investors, said Chris Stevens, president of Springboard Management. As we build relationships with our residents and their communities, we set ourselves apart in the marketplace and create long-term, income-producing investments for our clients, added Stevens.

Springboard Managements strength lies in its diverse menu of products and services offered to both residents and investors. For investors, Springboard Management provides the widely acclaimed Street Light Report aimed at providing managers and owners with a financial snapshot of their portfolio position along with indicators of financial stability. For residents, Springboard Management offers a comprehensive rental counseling program administered through Springboard and its team of certified financial counselors. Residents will be educated on their rental responsibilities and lease obligations and earn a certificate of achievement upon completion of all counseling sessions. In addition, a wide array of on-site social services will be available to residents, including classes on adult financial literacy, transportation assistance and early childhood programs. By incorporating a lifestyle management approach to residential property administration and operation which Springboard terms Social Conscious Management, property managers will realize fewer late and insufficient payments, less turnover, and greater property stability.

In addition to Stevens, Springboard Management is under the direction of Lyle Lansdell, Springboards executive vice president, a veteran of more than thirty years in the multifamily property industry whose responsibilities will include strategic business development and financial management.

For more information, on Springboard Housing, please visit their web site at http://www.springboardhousing.org, or contact Melinda Opperman at Melinda.Opperman(at)springboard(dot)org.

About Springboard Nonprofit Consumer Credit Management, Inc.

SPRINGBOARD? Nonprofit Consumer Credit Management, Inc. (Springboard) is an IRS 501(c)(3) nonprofit personal financial education and counseling organization founded in 1974. Springboard is an approved housing counseling regional intermediary by the U.S. Dept. of Housing & Urban Development, and is accredited by the Council on Accreditation signifying the highest standards in the industry for agency governance, fiscal integrity, counselor certification and service delivery policies. In addition, Springboard is a member of both national industry associations; the National Foundation for Credit Counseling and the Association of Independent Credit Counseling Agencies. Springboard offers personal financial education and confidential counseling in foreclosure prevention, rent, reverse mortgage, pre-bankruptcy and debtor education, and debt and money management. Springboard provides telephone counseling services nationwide, and maintains offices in California, Arizona, Nevada, New Mexico, Texas, South Carolina and Massachusetts for in-person sessions. Not all types of counseling are available at all locations. For more information on Springboard, please visit their web site at http://www.springboard.org.