Blog Entries tagged 'Faisal Sublaban'

Ever Heard of IRA Lending? Utilize Your 401k and and IRA Loan to Buy Real Estate

faisal@brooklyntroy.com — Tue, 23 Feb 2010 00:00:00 +0100

You would have to be living in a cave if you haven't seen or heard about the implosion of the real estate market over the last two years. Ever day in the news it is foreclosure this and a new regulation that. Not to mention although some 401k and IRA account have seen some recover from those late 2008 lows. Don't get your hand caught in the cookie jar the next time the market takes a dip. Now many investors have been waiting on the sidelines not sure what to do with their retirement accounts. [...]

Things You Need to Know Using Self Directed IRA's for Foreclosures

faisal@brooklyntroy.com — Tue, 09 Feb 2010 00:00:00 +0100

As the real estate market begins to bottom out investors are starting to flock to certain foreclosure areas. Of course what comes with the heard is the passive, casual investor. As most investors know in order to pick up these properties you need cash and these days investors are utilizing and diversifying their 401k's and rolling over to a Self-Directed IRA. Although there are a countless number of investment deals in the real estate industry one must do their homework before parting ways wi [...]

Self-directed IRAs are Buying Lots of Real Estate: Poor Credit and Limited Finances Don’t ...

faisal@brooklyntroy.com — Tue, 13 Oct 2009 00:00:00 +0100

*This is an article written by Pensco Trust CEO Tom Anderson that was featured in the August 2009 SJREI Journal.*

While today’s residential market is flooded with foreclosed properties, the resulting devaluations in many parts of the country are creating unique opportunities for long-term investment buyers. With many consumers increasingly concerned about liquidity as a result of the reeling economy, investors are turning to their retirement accounts to take advantage of an [...]

Only 7 Days Left to Save on Taxes on Your Roth Conversions

faisal@brooklyntroy.com — Thu, 08 Oct 2009 00:00:00 +0100

We all know and felt the crash of every world market last year. It was a complete financial disaster. Many clients did a Roth conversion only to see their account balances decimated by the market free fall, and huge tax bills looming on values that no longer exist. For those of you who fall under this category the government has implemented a great tax break that will allow you to recharacterize your Roth accounts and eliminate the tax liability on the lost account value.

For example s [...]

Solo 401(k) : The Self Employed Investment Vehicle

faisal@brooklyntroy.com — Tue, 06 Oct 2009 00:00:00 +0100

There is a common misconception that the only real retirement option for self employed individuals is a SEP-IRA. A lot of advisers aren't too familiar with the Solo 401(k) and especially the solo(k) with a Roth option.

Who Can Benefit?

Real estate professionals, sole practitioners, entrepreneurs, independent contractors, interior decorators, essentially any self employed person.

What is the difference?

Here is a general breakdown of the two:

SEP IRA's allow f [...]

Old Job, Old 401k.. What to do next?

faisal@brooklyntroy.com — Wed, 10 Jun 2009 00:00:00 +0100

If you are amongst the thousands of other Americans who have lost their jobs, still have their 401k with their old employer and have no idea what to do next, you are not alone. This market has been rough on everyone and now more than ever your next moves could very well determine your retirement. With that in mind your should roll over your 401k over and unless you absolutely need the money to support your family or stay alive you shouldn't just withdraw you fund from your old 401k. The tax i [...]

Buyer Beware: No Such Thing as No Risk

faisal@brooklyntroy.com — Wed, 29 Apr 2009 00:00:00 +0100

Here is an email that I received the other day from a gentleman at a company which I will not disclose via my blog but will if you email and ask. I also changed his name to XYZ as well. None the less the email basically states that for no risk at all you can earn 25% annual returns., using his ''unique strategy. There is no such thing as no risk with any investment, that is why it is called an investment.My first red flag on this advertisement was the ''real estate expert'' didn't have a company [...]

Using Your Self-Directed IRA to Obtain Non-Recourse Loans

faisal@brooklyntroy.com — Mon, 27 Apr 2009 00:00:00 +0100

There are a countless number of ways to utilize your 401k and diversify your portfolio. An option that most people don't often utilize are non-recourse loans for self-directed IRA's. The IRS requires a non-recourse loan for all real estate purchases that use leverage with a self-directed IRA, which means that if the loan were to default the lender can only take the property and can not come after the borrower or their IRA account. Non-recourse loans are more often used for investors who want [...]

401k Rollover into Stocks or Land

faisal@brooklyntroy.com — Thu, 16 Apr 2009 00:00:00 +0100

Many people are not aware and are not told about the options that they may have with a 401k rollover. You see Bank of America, Charles Schwab and several other large investment firms starting to really advertise for clients to utilize 401k rollovers, with one catch they are not truly self-directed because they limit what you can roll your money into. One of the main investments that is usually not spoken about is real estate.

There is the constant argument of which investment is bette [...]