Investing In Real Estate With Your RRSP, TFSA, or LIRA
The Self-Directed RRSP for Real Estate
There’s something called a Self-Directed RRSP. They’ve been around for a while… and in the past several years, lots of people have realized that their RRSPs aren’t earning them a darn thing (sometimes even losing money). So, those people (maybe this is you) have started to look for other ways to earn better returns with that same RRSP.
Enter the “self-directed RRSP”.
A self-directed RRSP is simple. It’s a retirement account that has the same tax benefits as a normal RRSP… but, you have more flexibility in deciding what you want your RRSP to be invested in. The same applies when it comes to TFSAs and LIRA accounts.
Basically, this opens it up so you can lend for investment real estate with your RRSP/TFSA/LIRA, while getting a consistent return.
Getting Off The Sidelines And Getting Your Money Working For You
If you feel a self-directed account may be a great way for you to invest a portion of your retirement in things you know (rather than the unpredictable stock market)… then dive in, take some time to educate yourself and have your questions answered.
If you have any questions on how you can work with us as an investor… just connect w/ us through our contact form or call us anytime at: 226-916-1250. We offer discount investment properties in Ontario to investors like you who often buy them and keep them as rentals. Also, for those qualified investors who want to explore private lending… contact us and we’ll talk about how we work with private lenders as well.
Happy investing! We’re here as a resource for you so don’t hesitate to connect with us anytime.