Open or Transfer Your IRA
West 1 Equity has selected Pensco;
We choose Pensco because of their experience, knowledge, and ease of process when transferring your IRA. Based in San Francisco, California Pensco is a perfect partner for West 1 Equity. PENSCO is a privately owned investment manager owned by Opus Bank. Pensco invests in non-traded assets (i.e., real estate). PENSCO Trust Company was founded in 1989 and has 30 years of experience.
you with an integrated way to buy and hold properties from your Individual Retirement Account (IRA). You can open an account, transfer or rollover funds from an existing IRA or a 401(k) with a previous employer to a New Direction IRA without any tax penalty.
The rental income and profits from real estate held in your IRA are tax deferred, becoming part of your retirement savings. When you purchase a property, your self-directed IRA becomes the title holder. If don’t have enough assets in your IRA for the full purchase price of a property, you can secure a non-recourse loan to increase your buying power.
How It Works
- Open and Fund Your IRA
- Find Your Property
- Diversify Your IRA
Open an IRA account with Pensco, ACME or BIZ-ABC. If you have a 401(k) with a previous employer or an existing IRA, you can transfer or rollover your funds without paying taxes or penalties. It is that simple.
Open a Self-Directed IRA Today
Resources for the Savvy Investor
Pensco, ACME or BIZ-ABC handles the administrative and custodial role for your IRA, so that it can purchase real estate and keep the tax advantages of a retirement account. At West 1 Equity, we ensure that you have opportunity to make sound investments in assets the asset class that you choose, whether you use your non-retirement funds, your IRA funds, or both.
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