Is It Time For This Precious Metal to Shine?
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Forbes
17 minutes ago
- Forbes
How Leveraging IRAs May Help Expand Your Real Estate Portfolio
Ryan Barone is cofounder and CEO of RentRedi, a property management software that simplifies the renting process for landlords and renters. Traditional real estate financing has become increasingly challenging due to high interest rates and lending standards that often require larger down payments. For landlords who may already be fully leveraged or who want to avoid taking on more personal debt, these market conditions create a significant hurdle to expanding a real estate portfolio. As a property investor and long-time renter, and through my interactions with customers and partners in the real estate space, I'm constantly learning about how investors can leverage alternative funding sources to grow their real estate portfolios and build long-term wealth. Here's what I've learned about using individual retirement accounts (IRAs) as a potential means to invest in real estate. By tapping into existing retirement funds, investors can often sidestep traditional loan restrictions, avoid personal debt and unlock capital that would otherwise be tied up in the stock market. However, the rules around using retirement funds for real estate can be complex. Therefore, it's important to work with a tax or legal professional to make sure you're compliant and understand the risks. If you want to directly invest in real estate, a self-directed IRA (SDIRA) is one option to discuss with your advisor. An SDIRA is a type of IRA that can give you more control over your investment choices, as you're able to invest beyond traditional stocks and bonds. The account is managed by a custodian who holds the assets on your behalf and helps make sure everything stays compliant. Using an SDIRA, you may be able to buy a variety of rental properties, from single-family homes and multi-family buildings to land and commercial properties, if they comply with IRS rules. The IRA must cover maintenance and other ownership-related expenses, and any income from these investments must stay in your IRA. That income may then grow either tax-deferred (with a traditional IRA) or tax-free (with a Roth IRA). However, there are strict rules you need to follow with an SDIRA. For example, the properties you buy cannot be for personal use, and you can't engage in property transactions with "disqualified persons," such as close family members or certain people related to you within an account. Additionally, all property expenses and income must go through the IRA account, not your personal finances, to keep everything separate. You don't need a self-directed IRA to add real estate to your retirement strategy. Using traditional or Roth IRAs, you may be able to invest in real estate investment trusts (REITs), real estate mutual funds, exchange-traded funds or publicly traded real estate companies. If you opt for an SDIRA, you may be able to partner with other investors, which can help you scale your portfolio faster. According to The Entrust Group, which specializes in SDIRAs, you may partner your IRA's funds with those from a business partner, another investor, etc., to acquire larger or more valuable properties that might otherwise be out of reach. This strategy can be useful if you're looking to invest in bigger multi-family properties that require more capital. However, when partnering with others, it's crucial to have clear agreements in place regarding the ownership structure, responsibilities and how profits or losses will be distributed. Additionally, be sure to consult with legal and financial professionals to comply with IRS regulations. While IRAs can be a valuable tool for real estate investing, you need to follow the rules carefully to avoid penalties. One important rule I brought up previously is to avoid doing business with family members or people you're closely connected to. If you break this rule, you could lose the tax benefits of your IRA. It's also crucial that you manage your expenses properly. As mentioned above, property-related expenses must be paid directly from your IRA, and any income must go back into the IRA. Mixing personal funds with IRA funds can lead to penalties and threaten your IRA's tax-advantaged status. Moreover, as Kiplinger noted, when you own real estate through your IRA, you can't claim the same tax breaks as landlords typically do, and it could complicate minimum distributions if your IRA requires them. Real estate investing through IRAs is one option investors can consider if they have a long-term vision and understand the basics of property investing. Whether you're buying physical properties through an SDIRA or exploring more indirect real estate investment options, these retirement accounts can provide valuable tax advantages to help grow your wealth. With the right planning and expert guidance, using IRAs for real estate can help you diversify your portfolio and may help position you for a secure financial future. However, keep in mind that investing in real estate through an IRA involves complex rules and tax implications. You should always consult with a qualified tax advisor or legal professional before making any decisions to ensure you're complying with all IRS regulations and avoiding costly penalties. The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Forbes
18 minutes ago
- Forbes
Pixel 10 Pro Pricing Will Define Android's Future
Update, Monday June 2, 2025: This article has been updated with details on the early launch date of the Pixel 10 and Pixel 10 Pro smartphones. Pixel 9 Pro XL As Google prepares to launch the Pixel 10 and Pixel 10 Pro, it will be focusing on the story it tells to consumers. However, a deeper story is being told by the Pixel 10 family, revealing the direction Google is driving the Android ecosystem. Update, Monday June 2, 2025. 2024 saw the Pixel 9 family launch earlier than expected. The range was announced on Aug 13, with the Pixel 9 and Pixel 9 Pro XL available on Aug 22 and the Pixel 9 Pro on Sept 4. Google could be set to launch the Pixel 10 family even earlier. Details on a potential date come from invites sent out by Google through its 'Pixel Superfans' program: '25 Superfans will get the chance to attend a 1h 30m event in London, SE1 1UN, on the 27th June at 2.30pm , where they will get hands-on with pre-release Pixel devices and features, get treated to themed goodies, and sit in on a one-off interview Q&A session with Googlers." While the specific devices are not mentioned, the Pixel 10 smartphones meet all the requirements and are on the horizon. There is, of course, no mention of any embargo around the event, but that has to be a consideration. Given the mention of pre-release hardware, this could be a very early tease of the handsets weeks before a larger media event. However, with the public release of the next version of Android 16 expected by the end of June, these pre-release units could easily be the early Pixel 10 devices running Android 16; a noteworthy event that could easily be the opening shot of an influencer-led campaign ahead of a July launch. Pixel 9 lifestyle image The Pixel 10 may be the keystone in the conversation. There is an expectation that the base model will retain the $799 price point that the Pixel 9 was on sale at. That's a price point where many of the so-called flagship killer smartphones sit; devices which promise an experience close to that of the more expensive and higher specced handsets, without the associated increase in price. Of course, some specifications will be trimmed back, but notably, Google is expected to keep using the Tensor G5 across the Pixel 10 family. There's no undercutting the formula with a derated processor. Google will also be hoping that its offer of seven years of Android updates and security patches will be accommodated by other manufacturers. It's becoming common to see six years announced with new handsets, so the support windows are moving in the right direction. What Google won't want to see is the loss of the flagship killer space. The Pixel 10 will balance the need for high specs to run generative AI and more complex programs, with a need to keep an affordable yet powerful phone available at the $799 price point. If the price of the Pixel 10 were to rise, that would risk the flagship killer's space. Unlike other Android manufacturers (perhaps excepting Samsung), Google has a totemic relationship with the consumers through the Pixel line-up. They are seen very much as "The Google Phone", and recognition from consumers is more towards the Google side of the street than the Android side. The moves that Google makes with the Pixel devices are seen as indicative of any phones that "run Google." The moves it makes with the Pixel tell the story not just of Pixel, but of Android. What stories are Google planning to tell with the Pixel 10 family, and how will that shape the respective markets when they are launched? The expected sticker price of $999 is an important one. Staying below a thousand dollars, while delivering a full-on flagship, is the role of the Pixel 10 Pro. Much as the Pixel 10 will be used to stop power creep from bleeding into price creep, Google will draw a line in the sand that no one will pass when selling premium devices. Google is expected to push the entry-level price of the Pixel 10 Pro XL up by $100 to $1199. I'm curious to see if this is a direct price increase or if it is accomplished by dropping the 128 GB storage option and starting at 256 GB. If this approach is taken, the price for the 256 GB model remains the same as the Pixel 10 Pro XL. We're here for the story, though, and the story is one that pushes the Pro XL higher up the pricing curve. It's giving tacit permission for manufacturers to create more separation and maximise the margins further up the portfolio. Curiously, the Pixel 10 Pro Fold is expected to see a price cut of $200, taking it down to $1599. That's still a hefty price for a phone, and I'm curious to see the offering that Google has and what compromises it has taken. It will be seen as an effort to bring down the expected price of a foldable, which will benefit many in the market. While the form factor has been around for some time, they still remain as smartphones for manufacturers to flex their innovation, rather than focus on mass market sales. There's no doubt that price plays a big part in that decision. Premium smartphones are expensive; adding in a "gee-whizz" feature such as a folding screen, and many will not want to take the risk. Bringing the price down reduces that risk by a small margin. The parts are still expensive, but the direction this market wants to go in is clear. No doubt the launch of the Pixel 10 family will touch Gogole's new hardware and lean heavily into Android 16 and the promise of the next-generation AI tools. However, the stroy underneath the story is just as interesting. Android is as much Google's as it is an Open Source project. It's the Pixel 10 that points out the direction that the Captain wants to take the ship. Now read the latest Pixel 10 Pro, Samsung S25, and smartphone headlines in Forbes' weekly Android Circuit news digest...
Bloomberg
22 minutes ago
- Bloomberg
Quant Hedge Fund CFM Eyes Canada Expansion With Toronto Office
French quantitative hedge fund Capital Fund Management SA opened an office in Toronto to attract wealthy investors in Canada. Steve Shepherd, CFM's head in the country, said he's seeking to partner with a local firm in order to market Canada-domiciled versions of its existing strategies to retail investors. The firm wants those versions to be available next year.
