Posts Tagged ‘IRAs’

Advanta IRA Hosts Lunch and Learn: Self-Directed IRAs and Private Lending Investments

Tampa, Florida (PRWEB) October 07, 2014

“Private lending transactions allow self-directed IRAs to perform the same actions a bank or other lending institution does in extending loans for mortgages, trust deeds, secured and unsecured notes, and even for things such as judgments and structured settlements,” says Jack Callahan, Managing Partner of Advanta IRA Services in Largo, Florida. A growing number of investors use these accounts to invest in in nearly any type of lending transaction they deem might prove to be potentially successful.

Self-directed IRAs allow account owners total and complete control in choosing their own investments in things they know and understand. Additionally, these accounts allow a myriad of alternative investments besides private lending options. Real estate, precious metals, oil, gas and timber options, foreign exchange and futures trading are just a few popular non-traditional assets used to build income for retirement. .

In private lending transactions, account owners determine the terms of the loan made by their plans—which is how the IRA makes money. The account owner fully vets and chooses the loan recipient, dictates the terms of the loan, and decides whether to provide a secured or unsecured loan. Secured loans are backed by collateral to protect from default. For example, if a note is extended for a mortgage and the borrower defaults, the IRA can take possession of the home. Unsecured loans typically are offered at a higher rate of interest in lieu of collateral. “Profit from private lending is largely gained through earnings on interest rates and this income flows directly into a self-directed IRA on a tax-free or tax-deferred basis,” says Callahan.

Private lending through a self-directed IRA offers benefits for the borrower, as well. The IRA can often provide funds to the borrower much faster, with more accommodating terms than traditional lending institutions.

Advanta IRA Services is holding this lunch and learn to educate investors on how to successfully use self-directed IRAs to invest in private loans. Investors of all levels are invited and encouraged to attend.

Topics to be discussed:

    Various types of loans that Advanta IRA’s clients make using their retirement plans
    The benefits that can come with private lending
    Disqualified persons and the potential pitfalls of private lending
    How an IRA can actually be the borrower on a transaction and non-recourse loans

Event: Lunch and Learn—Be the Bank Using a Self-Directed IRA

Date: October 10, 2014

Time: 12:00 – 1:30 pm EST

Location: 13191 Starkey Road, Ste. 9, Largo, FL 33773

Cost: None; lunch is provided

Register: Before 5 pm on October 9th by contacting Larissa Greene by phone at (727) 581-9853 x 1140, or by emailing lgreene(at)advantairagroup(dot)com.

About Advanta IRA

Advanta IRA Services, located in Largo, Florida, has been in operation for over ten years, providing administrative service to owners of self-directed IRAs throughout the Tampa Bay and Sarasota, Florida regions. Advanta IRA Administration offers a second location serving the Atlanta, Georgia area and surrounding regions. Both offices are managed by Jack Callahan, J.D., CFP™. Advanta IRA offers classes, seminars and other educational tools designed to assist clients in managing self-directed IRAs by investing in real estate, notes, private placements and other non-traditional assets that have the potential to maximize IRA earnings on a tax-free or tax-deferred basis.

About Jack Callahan

Jack M. Callahan, J.D., CFP™, is the managing partner at Advanta IRA Services in Largo, FL and Advanta IRA Administration in Atlanta, GA. Jack established the corporate office, Advanta IRA Services, in 2003. Prior to that, Jack delivered specialized counsel to real estate investors, small business owners and real estate professionals on tax, legal and financial matters. As an industry expert, Jack is a frequent speaker on the topic of self-directed retirement plans and an accredited continuing education instructor for the Florida and Georgia Bar Associations, Florida and Georgia Real Estate Commissions, and The American Institute of Certified Public Accountants. He earned his bachelor of science degree in finance and multinational business from Florida State University and his law degree from the University of Florida College of Law.

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Related Personal Finance Press Releases

Webinar-Sean McKay, VP at American IRA-A National Provider of Self Directed IRAs, Invites All to ‘The ABCs of Self-Direction’ on May 9th

Visit Our Website For a Free Informational CD or DVD About Self-Directed IRAs.

Charleston, SC (PRWEB) May 08, 2012

Sean McKay, Senior Vice President at American IRA-a National Provider of Self Directed IRAs, invites all to a free Webinar ‘ABCs of Self-Direction’ on May 9th. This is a basic webinar designed for those that would like to learn about Self-Directed IRAs.

Sean McKay says, “This is our ‘basics’ presentation for those looking to learn about the flexibility available to them within Self-directed IRAs. We provide these webinars free of charge as part of our mission to educate the public that their retirement account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!”

Here are just some of the many topics that will be covered in this webinar:

*Benefits of Self-Direction

*Freedom to invest in what you know and understand

*Possible IRA Investments

-Real Estate

-Tax Lien Certificates

-Private Placements

-Precious Metals

-And more..

*Investment Restrictions

*People Restrictions

*Types of IRAs and who they are for

*Investing in Real Estate

*Options if you are short on funds

*Account funding options

Cost: These webinars are open to the public and free to all.


American IRA, LLC was established in 2004 by James C. Hitt in Asheville, NC.

The mission of American IRA is to provide the highest level of customer service in the self directed retirement industry. Mr. Hitt and his team have grown the company to over $ 250 million in assets under administration by educating the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more!

To learn more about American IRA, LLC and self-directed IRAs/self-directed Solo 401(k)s, please contact our office at 1-866-7500-IRA(472).

As a self-directed IRA administrator they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms ). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term “they” refers to American IRA, located in Asheville, NC.


Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.