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Real Estate

“Golden Rule” Approach Profits More than Just Retirement

February 11, 2020
I’m passionate about encouraging women and children to become entrepreneurs and get involved in investing.
Jan, Real Estate Investor

First in line is Jan’s daughter, Brittany, who’s been helping her mother from an early age. What started as licking stamps and stuffing envelopes has evolved into a full-scale partnership.

Since the age of 13, Brittany has partnered her Roth IRA with her mother and father’s accounts to complete various rehab projects.

“I do what I do for freedom,” Jan says, “and I want Brittany to have that same freedom even sooner than I did.”

Family and family values have been at the heart of Jan’s rehabbing success for over 29 years.

The impact she makes in the community and in the lives of her employees is an inspiring approach to a business often full of “contractor story nightmares.”

“I hear so many nightmare contractor stories from people in real estate and I’m happy to report, I don’t have a single one to share with you,” she says.

Based on the “Golden Rule” approach she shared, this certainly does not come as a surprise.

No. This is considered a prohibited transaction (see IRC 4975). You may not purchase a property, or interest in a property, that’s currently owned by a disqualified person, which includes yourself.

Rental payments are sent to Equity Trust for the benefit of (FBO) your IRA. The checks or money order should be made payable to: “Equity Trust Company Custodian FBO [Your Name] IRA.” Once received, the checks or money orders are deposited into your IRA. All checks must be sent to Equity Trust with a payment coupon.

You are not limited to residential real estate. Your IRA can hold various investment properties such as commercial buildings, vacant land, condominiums, mobile homes and apartment buildings, in addition to residential property.


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