Jun 17, 2020
Many people think they can only invest in traditional investments like individual stocks and mutual funds using their IRA.
However, it is totally legal to invest in almost anything using your retirement funds and with a smart IRA real estate investing strategy, you can really super charge your tax free returns!
There is more to investing using IRAs than meets the eye. And in this episode I cover the smart way to use your IRA to invest in real estate.
In addition, I’ll also provide a few recommendations so you can fully enjoy all the benefits this method can offer.
If you’re looking for different strategies you can use to purchase rental properties and build wealth while reducing your tax burden, this method is something you should definitely consider!
Key Takeaways
- What self-directing your IRA means and how you can go about it
- What IRA custodians can do
- Some of the things you can invest your retirement funds in
- Two main rules to observe when using your self-directed IRAs to invest
- Why reaching out and talking to your accountant is recommended prior to making any self-directed investments
- Why investing in real estate through your IRA is both smart and controversial
- Main benefits of investing in real estate using your IRA
- What he’ll recommend to investors
- Why the Roth Method of self-directing IRA is preferable
- Links
Individual Retirement Account (IRA) - https://www.investopedia.com/terms/i/ira.asp
Roth IRA - https://www.investopedia.com/terms/r/rothira.asp
IRA Custodian - https://www.yieldstreet.com/resources/article/what-is-an-ira-custodian
401(k) - https://guides.wsj.com/personal-finance/retirement/what-is-a-401k/
Midland IRA Custodian - https://www.midlandtrust.com/
Living Off Rentals FB Group - https://www.facebook.com/groups/LivingOffRentals/
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA