tag:blogger.com,1999:blog-8359232750928815923.post6387778376836782246..comments2023-05-23T11:04:58.173-04:00Comments on Bob's Caribbean: Experts Who Don't Understand Real Estate IRAsSkipJack Nationhttp://www.blogger.com/profile/08724722051227760060noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8359232750928815923.post-65898720238343583202010-03-03T07:58:42.310-05:002010-03-03T07:58:42.310-05:00Thank you for your comments and tips Kristen, can ...Thank you for your comments and tips Kristen, can you recommend a legal firm with the knowledge of the Belizean requirements?SkipJack Nationhttps://www.blogger.com/profile/08724722051227760060noreply@blogger.comtag:blogger.com,1999:blog-8359232750928815923.post-74570760356569792472010-03-03T06:24:52.074-05:002010-03-03T06:24:52.074-05:00Also buyers need to know (and we were never told b...Also buyers need to know (and we were never told by our Belizean Realtor) that you must form an entity first since Belize doesn't recognize the self-directed IRA, then register it with the country, then you have to file a tax return for it every year. It's still a good investment, esp since the real estate taxes are so low, but not as easy as we believed. We used the Entrust Office in PA (www.entrustcama.com)K.Scottnoreply@blogger.comtag:blogger.com,1999:blog-8359232750928815923.post-89766557685990693312009-06-26T00:45:08.137-04:002009-06-26T00:45:08.137-04:00Doug,
Thanks for the comments... http://www.the m...Doug,<br /><br />Thanks for the comments... http://www.the mayanislands.com development looks absolutely stunning!<br /><br />Best regards,<br /><br />BobSkipJack Nationhttps://www.blogger.com/profile/08724722051227760060noreply@blogger.comtag:blogger.com,1999:blog-8359232750928815923.post-59496906403538250682009-06-25T19:48:46.439-04:002009-06-25T19:48:46.439-04:00Great article!
Bob is 100% accurate. Be sure to us...Great article!<br />Bob is 100% accurate. Be sure to use a qualified intermediary and abide by the major guidelines including:<br /><br />1. No management by yourself or family.<br />2. All profits stay inside the structure until the appropriate time.<br />3. You cannot personally guarantee any loans inside and IRA.<br /><br />There are other aspects which are important. The main one is to simply get started!<br /><br />Doug<br />wwww.dacrowe.wordpress.com<br />dcrowe@themayanislands.comAnonymousnoreply@blogger.com