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
Purchase (Investment property) either with cash or financing within your IRA.
- Real estate assets can increase in value
- Investment income (rental income) is then contributed back to your IRA
- Still retain the ability to fund your IRA outside of the investment income
- You cannot use your IRA for the benefit of your family (i.e., your primary residence, rent back to a family member, etc.); however, you can partner with your family members and other investors to purchase properties.
KEY TAKEAWAYS
- 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“.
- Self-directed IRA real estate investing can be carried out through direct purchases, partnered funds, an LLC, or a non-recourse loan.
- Your SDIRA owns the investment property, and all related income and expenses must flow through the SDIRA.
Please contact me and I can refer you to a financial consultant.