What is the minimum purchase?

Posted on May 29th, 2008 in Land Banking by admin

There is no specific minimum purchase price. However, we encourage our customers to purchase as much as they are comfortable with. By purchasing a Tenant In Common parcel our customer’s can participate in much larger tract of land acquisition. Larger parcel of land are typically more attractive to developers. With a TIC parcel you still receive a grant deed and title insurance giving you free and clear ownership of your property.

Jerry Hart

12 Comments »

How do I roll my retirement into Land Banking?

Posted on May 28th, 2008 in Land Banking by admin

Section 408 of the IRS tax code opened the door for you to roll over your IRA including Traditional, SIMPLE, SEP and Roth as well as qualified 401k, Solo 401k and 403b plans into real estate without a tax penalty. If your plan administrator or custodian does not provide a land banking service, you will need to find one. If you like, we can refer you to one of our partners in the ACE Professional Network.

Scott Bachman

5 Comments »