The health care costs emanating from long term care can financially cripple a family.  In Money magazine's Investment Guide 2013, Sarah Max and Donna Rosato wrote about the needforeclosure profits to protect assets from long term care expenses in, "Makeovers:

Five Families Start Fresh." Passively investing in foreclosure properties for the long term is a proven way to provide for long term care expenses.

 To profit from investing in foreclosures requires a great deal of expertise, which comes only from a great deal of experience.  This is especially so if investors are relying on the profits from investing in foreclosures to finance long term care expenses.  These costs can range from insurance to nursing home stays, as Max and Rosato point out in their Money magazine piece.  Only long term investing gains and financial planning will be able to pay for long term care expenses.

Real estate investing has proven to create the needed wealth.  Over the last two centuries, gains from real estate have produced about 90% of the world's millionaires.  There are many types of real estate investing that have resulted in those riches for shrewd buyers: turnkey real estate, flipping properties, and foreclosures, among others.

As proof of the long term investing and success that can take place with foreclosures, Jerry Cohen, Founder and President of EquityBuild, a real estate investment, has been in business since 1984.  During that time period, he has been a principal in more than 1000 real estate transactions.  Many of those deals have been properties that were in the various stages of foreclosure.

What has made a Cohen a long term success is investing in foreclosed properties is extensive research and due diligence.  Before buying, the area is analyzed for its profit potential.  That is why EquityBUild is focusing on Chicago.   Each property is thoroughly inspected before it is purchased.  That due diligence is what keeps an investors in business since 1984.

That is also the thorough due diligence that is needed to invest in foreclosed properties so that profits can cover the expenses of long term care, ranging from insurance to medical expenses.  To profit from investing in foreclosed properties over a period of decades is almost impossible for an individual investor just starting out in the business.  It is far wiser for individuals to passive invest for the long term in foreclosed with an entity that has proven itself against the test of time like EquityBuild. 

What is even more savvy is to utilize retirement accounts for passive investing in foreclosed properties.  Assets are tax free when held in a retirement account, such as an individual retirement account (IRA).  When foreclosed properties are bought and sold in a retirement account, all of the gains are tax free.  If the foreclosed properties is an investment unit, the rental income is tax free, too.  As taxes on real estate gains can be over 30%, on a long term basis this can add up to a great deal of money saved.

Planning for long term care is critical for protecting financial assets.  As demonstrated by the success of Cohen with EquityBuild, high yield real estate investing profits can be realized from passively investing in foreclosed properties.  Long term profits from foreclosed properties can take care of your long term costs, when executed properly with more experienced and proven partners.