Self-Directed Retirement Accounts

Through the use of a self-directed IRA, ROTH IRA, ROTH 401(k), or SOLO 401(k) plan Dr. Lovett will serves as a consultant and facilitator to the client so all procedures are properly followed in establishing a self-directed retirement account for the purpose of holding real estate.  The consulting services will provide financial advise in the areas of portfolio diversification through the inclusion of real estate, creating tax efficient portfolios, and potential benefits of leverage.  Another objective is to educate the client on IRS provisions regarding IRAs, including contributions, distributions and prohibited transactions, and to work with the other advisors to coordinate all client relationships.

The services also include, if required:

• Establishing arrangements for registered custodial services for firm clients.
• Assisting clients in locating real estate agents familiar with self-directed retirement plans and real estate holdings.
• Directing clients to mortgage lenders in the sector of providing non-recourse loans for real estate acquisition.
• Arranging for proper accounting practices through referral to CPAs knowledgeable in unrelated business activity income reporting and income tax preparation for qualified accounts.
• Referring clients to attorneys with a practice that includes establishing LLCs for retirement account shareholder investment.
• Serving as director of established LLCs and handling all financial transactions for the entity.