William Bronchick Nationally Recognized Attorney Explains the Checkbook IRA for investing in real estate and other non-traditional assets in your IRA.
AURORA, COLORADO, UNITED STATES, May 22, 2018 /EINPresswire.com/ — William Bronchick, nationally recognized attorney and best-selling real estate author, explains the Checkbook IRA for investing in real estate and other non-traditional assets.
With the uncertainty of the market, many investors are using their IRAs to invest in non-traditional assets such as real estate, precious metals, private placements and tax lien certificates. By self-directing their IRA accounts to a boutique custodian, they are permitted to buy assets other than stocks, bonds, mutual funds, and ETFs. The fees for these types of investments are significantly higher than for buying securities since there are ongoing transactional fees (e.g., monthly checks on a rental property). Further, each transaction requires significant paperwork and can take up to five business days.
Attorney William Bronchick solves these problems with the "checkbook IRA". In addition to helping the client open a self-directed IRA, Mr. Bronchick arranges the account so that the client has full control over the funds for every transaction, making it easier, faster, and considerably less expensive. "Clients can earn substantial returns by investing their IRAs in assets like real estate. They feel that investing in things they have control over makes them feel that their investments are safer", says Bronchick.
William Bronchick has prepared an eye-opening video that explains the entire process on his website at www.bronchicklaw.com.
The video link is https://bronchicklaw.com/checkbook-IRA
This seven-minute video explains, in layman's terms, exactly how a client can set up a checkbook IRA in compliance with IRS rules for investing with IRAs in real estate.
William ("Bill") Bronchick is an attorney admitted to practice before the bars of New York and Colorado with 27 years experience in real estate and business transactions. He is the author of several best-selling real estate investing books, including the go-to book on real estate, "Flipping Properties" (Dearborn 2001). He has been featured by most major media outlets, including CNBC, TIME Magazine, USA Today, Investors Business Daily, the Wall Street Journal Online, FORBES, CNNMoney, and dozens of others. He lives and practices law in Aurora, Colorado.
Bronchick & Associates
email us here
Checkbook IRA Video
Source: EIN Presswire