self-directed IRA

Socially Responsible Investments to Make With Your SDIRA

By madwire / June 30, 2021

The primary goal of investing money is to generate a financial return, and the primary goal of investing in your Self-Directed IRA is to save up a considerable amount of money so you can retire comfortably and diversify your portfolio. A growing number of individuals are also supporting causes they believe in by investing their…

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Avoiding Common IRA Holding Mistakes Part 2

By madwire / April 5, 2021

Last week we discussed several of some common mistakes that IRA holders make — mistakes that you should definitely avoid. When it comes to preparing for retirement, you want to ensure that you are doing everything in your power to not only understand the rules of retirement plans but make those plans work for you,…

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Ways Your Self-Directed IRA Can Invest With Limited Funds

By madwire / February 16, 2021

Among the numerous benefits of opening a Self-Directed IRA — which have been talked about at length in our blogs — these retirement funds also allow you to partner your IRA with other entities, raising the amount needed to buy or invest anything from a single and multi-family housing to commercial property. Partnering your Self-Directed…

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Tax Advantages of Self-Directed IRAs

By madwire / February 10, 2021

Retirement income for an individual can come from several sources, whether it is a 401(k), SEP, social security, or a SIMPLE IRA, and these retirement accounts will usually have a number of tax advantages that are great for savvy savers. The same goes for Self-Directed IRAs — there are several attractive benefits, including great tax…

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Traditional IRA vs SDIRA — Which is Right for You?

By madwire / February 4, 2021

When choosing a retirement plan that is right for them, many people scroll through the list of IRAs and may have trouble understanding the difference between them all. Each plan is governed by the same IRS rules and provides nearly the same tax advantages. However, a Self-Directed IRA is a traditional IRA, but it’s more…

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Getting Your Rental Property Ready for Fall

By madwire / September 24, 2020

Fall is here, which means that the cold weather isn’t far behind. This means that you may need to get started on the list of maintenance tasks that you’ve been putting off all season. You want to make sure that your rental property is in tip-top condition so you attract renters, and also maintain the…

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A Reference Guide For Non-Recourse Loans

By madwire / July 1, 2020

A non-recourse loan is a loan where the lenders are allowed to foreclose on the collateral pledged for the loan, if the borrower defaults on their obligations and fails to pay their debts. Lenders are allowed to take possession of any assets used as collateral to secure these loans, and unlike recourse loans, only the…

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What Makes a Good Real Estate Investor

By madwire / February 11, 2020

Purchasing investment real estate isn’t something you become a professional at overnight. As a matter of fact, it takes a lot of practice, a lot of research, and a good support team to do it right. The real estate investment industry is competitive, meaning that you will have to be savvy in order to become…

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Misconceptions About Self-Directed IRAs

By madwire / December 5, 2019

First Western Federal Savings Bank has posted many blogs outlining what self-directed IRAs are and how you can utilize its advantages and the benefits of property investing. There is a wealth of knowledge within these blogs, but the facts may still be elusive to those who are starting out in their investment ventures and want…

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How Natural Disasters Affect Your Property

By madwire / November 8, 2019

Buying real estate is a sound investment and a great way to get you ready for retirement. Purchasing a rental property ensures that you will continually get income while diversifying your investment portfolio. Whether you’re investing in residential property, commercial property, a multi-unit property, and agricultural property, then, depending on the area that you have…

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How Does Seasonality Impact Rental Properties?

By madwire / November 8, 2019

You may not be surprised to find out that seasonality does affect the real estate market, and these effects differ from season to season. Real estate is cyclical, so if you’re prepared, have done your research, and are a little more flexible, then you may be able to take advantage of these predictable indicators. In…

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First Western Federal Savings Bank Attends RITAs Conference in San Antonio

By madwire / October 23, 2019

The industry of self-directed IRAs is a changing field, making it necessary to learn valuable insights about the shifts in the field, the trends, and best practices. This information is even more necessary if you are new to investing in real estate or are a prospective investor. This specialty information can be difficult to find,…

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