Real estate is the most popular alternative investment in a Self-Directed IRA. Typically, those who have acquired expertise in real estate feel comfortable making their money in that space rather than the stock market. A Self-Directed IRA offers nearly limitless options for an investor to leverage their experience.
A Self-Directed IRA with checkbook control allows real estate investors to invest in the property of their choice in real time. In a Checkbook IRA, the IRA owns an LLC that you create at the initial setup, and the funds contained in the IRA make all the payments necessary for your property. It is essential that only the Self-Directed IRA handles transactions and payments due to IRS regulations.
The tax-sheltered nature of the Self-Directed IRA makes it an ideal vehicle for real estate investing. Not paying taxes on the profit you make until you claim it as a distribution provides a massive edge that simply can't be achieved otherwise. The combination of the freedom to invest in your area of expertise and the tax advantage that an IRA provides is the best way to see noticeably larger returns than you would ever get with a standard IRA.
Broad Financial makes it safe and simple for you to purchase real estate with your Self-Directed IRA and 401(k) funds. Here's how it works:
In short, the property is owned by your IRA or Solo 401(k), it is managed by you (on behalf of your IRA or Solo 401(k)), and all transactions go through your IRA or Solo 401(k)'s checking account.
Although there are no limitations on the type of real estate your Self-Directed IRA or Solo 401(k) may purchase, when you invest your Self-Directed IRA in real estate, rules from the IRS will need to be adhered to.
If you're thinking of purchasing real estate with a Self-Directed IRA, the rules shouldn't deter you from investing in this exciting opportunity. At Broad Financial, our self-directed Specialists are here to help make it as easy as possible. We take complete care of your LLC creation, so your focus can be on investing your Self-Directed IRA in real estate, not rules and administrative processes. Schedule a call with us to get started today.
Schedule a call with one of our Self-Directed Specialists today to get answers to your questions and find the investment vehicle that's right for you.SCHEDULE A CALL
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