Invest in Mexico. Use your IRA (Individual Retirement Account) retirement savings to purchase an investment property without creating a taxable event! Put your IRA money to work now. This money can be used to purchase investment properties. Any investment property that actually earns income qualifies. Owner-occupied properties will not work.
American banks will not finance on properties in Mexico. Financing options in Mexico have very high-interest rates with short terms of only 5-10 years result in high mortgages payments. This is a perfect solution to purchase properties in Mexico.
- Setup the U.S. government/IRS approved “custodian” account and roll over the funds into this account. Then, the “custodian” provides a check to this bank account for the LLC which is used to buy the property.
- As rental income is paid, it will be deposited into this bank account. The account owner can then, write checks to the “custodian” account. This cash can roll over into any approved IRA brokerage accounts such as Schwab, Merrill Lynch, etc. Then, these funds can be invested in securities.
- Most investors are not aware of the fact that they may use an eligible retirement plan to invest in real estate of any kind.
- Eligible retirement plans for this purpose are any type of IRA (Traditional, Rollover, SEP, ROTH, etc.) and 401k or 403b plans (or any other defined contribution plan) held with a former employer.
Learn more about this Rosarito Beach Lot for Sale
Prime Oceanfront Location Close to Shopping Malls
•Lot/land – FOR SALE USD $3,741,687. Oceanfront Land Ready to Develop in Reforma, Playas de Rosarito.
A spacious fraction of oceanfront land, that offers a perpetual sandy beach, next to the gated community of Ricamar.
This property is conveniently located in the Reforma area in Downtown Rosarito, right on the beach. With joint surface of 8,718 m2 / 93,839 sq. ft. and an extra 1,971m2 / 21,215 sq. ft. of federal zone space. All services are available, together with asphalt and concrete access roads. The property is perfect for investors looking for prime land to build homes or condo towers.
Continue reading Oceanfront Lot For Sale in Reforma, Rosarito Beach
Learn More About this Rosarito Beach Condo for Sale
Next to Prestigious Club Marena!
•7,000 sq. ft., 3 bedroom, 4 bathrooms, 2 stories, “Truly open floor plans” – $1,300,000 USD. Largest PH Available!
SeaHouz, Playas de Rosarito – SeaHouz is located 40 minutes south of the San Diego International Border, in the Rosarito beach area on kilometer 38.5, which is a famous surf point in Baja. Its location allows you to enjoy the best of both worlds. Rosarito Downtown is only 15 minutes away, where you will find many restaurants, stores & banks; yet far enough away from the downtown traffic so, you can relax and enjoy the sound of the ocean that is outside of your door.
Continue reading Oceanfront Pent Houz For Sale in SeaHouz, Rosarito Beach
Karen Kennedy at Ventura County Progressive United Blog Talk Radio Network speaks to Kanoa Biondolillo owner/broker of Baja123.com about Rosarito Beach safety, as well as, moving and living in the Rosarito Beach area.
Original Audio: http://www.blogtalkradio.com/karen-kennedy/2012/05/05/ventura-county-progressives-united-saturday-review
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