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Thursday, April 5, 2007

Retirement Investing. Use Your IRA or 401K To Invest In Condotel rental income properties

PLC International Marketing Networks continues to reward investors with exciting offshore investment opportunities in the Philippines by introducing the Self-Directed IRA/401K:
Beth Collingz, PLC Global Marketing Director for Pacific Concord Properties Inc’s Lancaster Brand of Condotels in the Phillipines recently announced that US investors can use their IRA to invest in Real Estate, collect rents and watch their investments grow tax-free or tax-deferred.
Historically, real estate has provided many Americans with a stable investment vehicle that provides both income and appreciation. One of the greatest tools available to real estate investors is government-sponsored retirement plans, such as IRAs.
Very few Americans realize that they have the option to self direct their IRAs and other retirement plans into real estate. Most investors believe that their only IRA investment options are bank CDs or the stock market and mutual funds, not real estate. If you currently are a successful real estate investor, or are just looking to diversify your retirement portfolio, the combination of real estate and your IRA can be very powerful.
Why Haven’t I Heard of the Real Estate IRA Before?
Most IRA custodians do not offer truly self directed IRAs/real estate IRAs. They will only allow you to invest in their approved list of investment options, not real estate. IRA investing at a bank will probably be limited to CDs; at a brokerage firm, to stocks, bonds and mutual funds.
In addition, pre-construction condos, such as the Lancaster Suites Atrium Condotels in the Philippines, are reported to be one of the most hassle-free, profitable real estate investments to use!
With stocks and mutual funds constantly fluctuating in value and the risk of loosing all your money, real estate is still the only investment with true value.
The tremendous advantages a real estate IRA and other self directed retirement plans offer Americans include the following:
• The power of compound interest• Reduction of taxable income• Asset protection• Estate planning
For further info please do not hesitate to contact us:
Beth CollingzPLC International Marketing NetworksPacific Concord Properties Inc., Manila Head OfficeShaw Boulevard, Mandaluyong City. Metro Manila. PhilippinesPhone: Manila [632] 717 1958Fax: Manila [632] 718 1828
Pacific Concord Properties Inc., Cebu OfficeLapu-Lapu City, Mactan. Cebu. PhilippinesPhone: Cebu [6332] 340 0721Fax: [6332] 495 4938EMail: plcsales@pldtdsl.netWeb: http://www.lancastersuites.com [Lancaster Condotels]

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