The persistence of local culture. Underlying these various visions of globalization is a reluctance to define exactly what is meant by the term culture. During most of the 20th century, anthropologists defined culture as a shared set of beliefs, customs, and ideas that held people together in recognizable, self-identified groups.
Rental properties, asset backed lending, renovated flips and even real estate options are just a few real estate investments IRA owners are capitalizing on. There are a multitude of benefits to having real estate in an IRA, including compound interest in a tax favorable account and an added layer of security in unstable markets.
Basically, you get an income-tax deduction for the amount of estate tax paid on the IRA assets you received. Let's say you inherited a $100,000 IRA, and the fact that the money was included in your benefactor's estate added $40,000 to the estate-tax bill.