A Clever New Way To Use Your Self-Directed IRA for Real Estate Investing If you’ve ever thought about using your retirement funds to invest in real estate, you probably already know you can open a self-directed real estate IRA. The drawback has always been accessing the money… the checks always needed to be issued from your IRA account administrator, and all monies disbursed relative to the subject property needed to come out of the IRA. Not always very convenient or inexpensive. Now, by cleverly combining a self-directed IRA account with a Limited Liability Company (LLC), it’s possible to set up a real estate investment vehicle that uses retirement funds with simple, convenient checkbook disbursement of funds. What could be better and simpler than that? Four steps are involved: 1. Set up your LLC. This is not difficult, and can be done in the state of your choice. Lot’s of material has already been published on this, and it’s beyond the scope of this article to cover this here. If you’re in doubt, consult your attorney. 2. Set up your self-directed IRA. Several companies can do this for you. Click one of the links on this page, or use the search bar below to search for “self- directed IRA”. 3. Have your self-directed IRA invest funds in your LLC. 4. Use your LLC to choose real estate transactions to direct your IRA funds into. This simple four-step method allows you to bypass the red tape and hassle normally involved with using a self-directed IRA to invest in real estate. You won’t need to get custodial approval prior to disbursing funds, and you won’t need to wait for your custodian to send you a check. You’ll be able to move quickly, a crucial concern in real estate investing. One very important consideration: your LLC must have an operating agreement that meets the special requirements demanded by a self-directed IRA investment. Can you see that combining the leverage of a properly set up Limited Liability Company (LLC) with the flexibility of a self-directed real estate IRA gives you a powerful investment vehicle, and a smart way to use your own retirement funds in your real estate investing transactions? Why not start your search for a self-directed real estate IRA custodian right now?

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Private Money For Real Estate Investing A Clever Way to Use A Self-Directed IRA

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Private Money For Real Estate Investing - A Clever Way To Use A Self-Directed IRA