STC in Frederick County Association of Realtors Online Newsletter

Maryland attorney, Patrick F. McLister, discusses Security Trust Company and the purchase of real estate with self-directed IRAs in the January/February 2009 issue of the Frederick County Association of Realtors online newsletter, Page 6.

 

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IRS Memorandum

Recently, several STC clients have contacted our Client Services Department to discuss the possibility of using IRA or 401(k) rollover funds to finance a startup business that they would receive compensation from.

 

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Retire Without Taxes

Learn about the ins and outs of Roth IRA's with Money Magazine's "Retire Without Taxes" article which focuses on what makes a Roth unique and how to make the most your Roth IRA. Roth IRAs can also be self-directed through Security Trust Company.

 

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Demystifying Unrelated Business Income Tax:  What You Need to Know

In the world of self-directed IRA’s we are constantly dealing with areas of gray, none more so than Unrelated Business Income Tax (UBIT).  As soon as you have a good handle of the types of transactions that you can do, you have to figure out if the income that those investments generate is taxable. 

 

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Self-Directed IRA Investment Helps To Open a New Restaurant

Ray Millette was in the final stages of opening a restaurant, Da Beef King, but he was a little short on cash due to last minute expenses that were higher than he had expected.  $25,000 short to be exact.  Lucky for Ray, he had a friend who had faith in both Ray and the Aurora, IL restaurant and was determined to help.

 

Ray’s friend, David Kerlagon, worked with Security Trust Company, his self directed IRA administrator, and Dave’s IRA loaned his friend the $25,000 he needed. 

 

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Security Trust Company Offers On-line Access to Financial Statements

In conjunction with the August 7th launch of the Company’s new web site, www.securitytrustcompany.com , Security Trust Company of Hagerstown, Maryland, has announced the availability of on-line access for its clients to their IRA’s financial information.


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