Advanta IRA Services Announces Event Hosted by Dennis Realty & Investment Corporation: Real Estate in a Self-Directed IRA

Tampa, Florida (PRWEB) June 09, 2015

A self-directed IRA gives individuals control over their own investment funds and decisions. These plans also allow owners to choose from a very large pool of alternative investments, such as real estate, to grow wealth for retirement.

Real estate is the most popular alternative investment held in self-directed plans. Advanta IRA Services is presenting this event on June 12, held in the offices of Dennis Realty & Investment Corporation in Lutz, Florida, to teach attendees how holding these assets in a self-directed IRA can build tax-deferred and tax-free income for retirement.

Acquiring real estate as an asset does not mean one has to pull funds from the retirement account to purchase a piece of investment property. Taking distributions before retirement age can cause unnecessary penalties and taxation. Instead, the investment is purchased using funds directly from the self-directed account and is, therefore, owned by that account. Property is titled in the name of the retirement plan. Additionally, any and all income or expenses flow directly into and out of the self-directed IRA.

Since retirement plans offer tax-free or tax-deferred income-building potential—the income derived from real estate in an IRA grows in that tax-sheltered plan. “Real estate investors who use self-directed IRAs to acquire assets avoid the tax implications incurred from personally purchasing or selling real estate and preserve more capital within the IRA to reinvest,” says Jack Callahan, managing partner of Advanta IRA Services in Florida and also of Advanta IRA Administration in Georgia.

Individuals interested in using self-directed retirement funds to invest in real estate are invited to attend. Spaces are limited for this popular event and participants must register in advance to receive a complimentary lunch.

Event: Lunch & Learn – Invest in Real Estate Using a Self-Directed

Date: June 12, 2015

Time: 12:00 pm-1:30 pm

Location: Dennis Realty & Investment Corporation, 1022 Land O’Lakes Blvd., Lutz, FL 33549

Cost: No charge. Lunch is provided.

Registration: Contact Larissa Greene before 5:00 p.m. (EST) on June 11 at lgreene(at)advantairagroup(dot)com or by phone at (800) 425-0653 ext. 1140.

About Advanta IRA

Advanta IRA Services, located in Largo, Florida, has been in operation for over ten years, providing administrative service to owners of self-directed IRAs across the nation. Advanta IRA Administration offers a second location in Georgia. Both offices are managed by Jack Callahan, J.D., CFP™. Advanta IRA offers classes, seminars and other educational tools designed to assist clients in managing self-directed IRAs by investing in real estate, notes, private placements and other non-traditional assets that have the potential to maximize IRA earnings on a tax-free or tax-deferred basis.

About Jack Callahan

Jack M. Callahan, J.D., CFP™, is the managing partner at Advanta IRA Services in Largo, FL and Advanta IRA Administration in Atlanta, GA. Jack established the corporate office, Advanta IRA Services, in 2003. Prior to that, Jack delivered specialized counsel to real estate investors, small business owners and real estate professionals on tax, legal and financial matters. As an industry expert, Jack is a frequent speaker on the topic of self-directed retirement plans and an accredited continuing education instructor for the Florida and Georgia Bar Associations, Florida and Georgia Real Estate Commissions, and The American Institute of Certified Public Accountants. He earned his bachelor of science degree in finance and multinational business from Florida State University and his law degree from the University of Florida College of Law.







Mona Burton Appointed Practice Group Leader of Holland & Hart’s Real Estate, Construction, Finance, and Bankruptcy Group

(PRWEB) January 09, 2015

Salt Lake City partner Mona Burton has been appointed practice group leader of the firm’s Real Estate, Construction, Finance, and Bankruptcy practice group effective Jan. 1, 2015. She replaces Brad Boodt, who was elected to the firm’s Management Committee serving as Regional Office Representative.

As practice group leader, Burton will manage and oversee the practice group and its sub-groups to ensure its mission and goals are accomplished and clients are served at the highest level. The

70-lawyer group represents the interests of builders, developers, landlords, tenants, banks and other financing and lending institutions, receivers, and trustees in a wide range of legal matters.

“I’m honored the firm has selected me to lead this practice group, and I’m excited at the opportunities we face,” Burton said. “Brad Boodt did an outstanding job leading us for the last four years, and he will be a great leader on our Management Committee. We have an outstanding group of attorneys and paralegals in our practice group, and I look forward to working with them to enhance our clients’ goals.”

A Fellow in the American College of Bankruptcy, Burton has an established reputation in the bankruptcy, insolvency, and restructuring community for integrity, credibility, and hard work. She was recognized as Lawyer of the Year, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law – Salt Lake City (2015) by The Best Lawyers in America©.

For over 35 years Burton has represented creditors, asset purchasers, debtors, committees, trustees, and receivers in bankruptcy and receivership cases serving the interests of clients in a number of industries, including real estate, technology, telecommunications, mining, manufacturing, transportation, retail, health, and retirement care and agriculture. In bankruptcy litigation, Burton prosecutes and defends fraudulent and preferential transfers, claims objections, motions for relief from stay, plan confirmations, and bankruptcy appeals.

“Mona has shown a dedication and a level of excellence at Holland & Hart that demonstrates her commitment to her clients and colleagues. We are excited that she has taken on this new leadership position and know she will continue to grow the practice area to new levels,” said Liz Sharrer, Chair of the firm.

Holland & Hart’s real estate lawyers are known throughout the Mountain West for connecting buyers, sellers, developers, builders, lenders, investors, landlords, and tenants with legal support to finance, acquire, divest, manage, develop, and lease real property assets nationwide, including mixed-use, affordable housing, retail leasing, master-planned developments, and public/private projects.

The firm’s construction team has hands-on experience in virtually every aspect of a construction project from beginning to end, handling RFP preparation and response, financing, siting, permitting, design and engineering, procurement, construction and construction management, expansion, retrofitting, and privatization. When disputes arise, the firm’s experienced team represents clients in trials, appeals, and all forms of alternative dispute resolution.

Holland & Hart has represented the litigation, transactional, and regulatory interests of banks and other financial entities for more than 50 years. The firm’s multi-disciplinary team efficiently represents the interests of borrowers and lenders, accessing the expertise of practitioners in commercial finance, bankruptcy and creditors’ rights, and litigation to handle matters from bank mergers and acquisitions to syndicated and single-lender commercial loans to restructuring or working out problem loans to defending complex consumer lending actions.

The firm’s bankruptcy and creditors’ rights practice encompasses all challenges faced by distressed companies and their creditors. These lawyers combine in-depth knowledge of the law with an understanding of how that law fits into the broader legal and commercial framework to preserve or enforce the rights of all stakeholders with creative, cost-effective solutions.

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About Holland & Hart

Holland & Hart LLP delivers integrated legal solutions to regional, national, and international clients of all sizes. Established in 1947, today the firm has more than 470 lawyers providing a full range of services from 15 offices across the Mountain West and in Washington, D.C. We offer a client-driven culture with service that is personalized, responsive, and innovative. For more information, visit http://www.hollandhart.com.