Congratulations to the NH House of Representatives Municipal & County Government Committe for passing HB1629 and HB1632 addressing affordable workforce housing in the State. These bills will be voted on by the full House in the next session.
So you have a prime piece of land you want to do something with. You know you can get a good price if you sell it, but something in the back of your mind says “I wonder if it would be better to lease it to someone for 20 years instead?”. Who leases empty land anyway?
Two Options for Passive & Active Investors
Wealth managers, CPAs and attorneys often ask me about using retirement accounts to buy investment real estate and business assets. This is something we have successfully done many times. It is a fantastic source of capital, but you need to know the complete array of options and rules in order to do it right. There is more than one way to do this and selecting the right option is critical. In this post I will briefly talk about the opportunities and pitfalls in two different options: self-directed retirement accounts for passive investments and the Rollover as Business Startup method known as ROBS, for active investments.