What is a self-directed IRA?
A self-directed IRA (SDIRA) empowers you to diversify your portfolio with alternative investments. Investing in real estate can create family generational wealth and financial freedom.
How Real Estate IRAs Work
1.) Purchase (Investment property) either with cash or financing within your IRA
2.) Real estate assets can increase in value
3.) Investment income (rental income) is then contributed back to your IRA Still retain the ability to fund your IRA outside of the investment income.
To invest in alternative assets, you need a self-directed IRA, and the IRS states that you must invest via a passive third party. Many investors choose a self-directed IRA custodian because of the protections that come with additional oversight. I can help you find the third-party custodian and help you find the investment property that you want to purchase within your IRA. Some examples of investment property – Airbnb, VRBO, long-term rental property, buy and rehab.
CLICK HERE TO CHECK OUT OUR PREFERRED CUSTODIAN
KEY TAKEAWAYS
1.) With a self-directed IRA you can use retirement funds to invest in real estate in a tax-advantaged manner. This is also known as a “Real Estate IRA”.
2.) Self-directed IRA real estate investing can be carried out through direct purchases, partnered funds, an LLC, or a non-recourse loan.
3.) Your SDIRA owns the investment property, and all related income and expenses must flow through the SDIRA.
If you want to know more about how you can use your Self-Directed IRA for Real Estate Investments, click here for more information. Follow me on Facebook!