A self-directed IRA is a retirement account, held by a specialized custodian, that permits investment in alternative assets including real estate, rather than the stocks, bonds, and funds typical custodians allow.
Log in to followShort version: the IRA owns a small rental, the tax bill came addressed to the custodian, the custodian forwarded it to me as they do, and I paid it online from my personal accoun…
I run a couple of small multifamily buildings in my own name and I'm thinking about a single-family rental for the IRA side. What I can't pin down is the cost of the wrapper itsel…
I have 40 acres of raw ag-adjacent land under contract at $88k, all cash from a traditional self-directed IRA. Low price point rural market, the kind of thing I look at all day. C…
I'm about a month from funding and I have two versions of the same purchase in front of me. Version one, the custodian takes title directly, deed reads as the custodian FBO my acc…
Two years ago I bought a $215,000 three bed in a decent suburb inside a traditional SDIRA. $112,000 IRA cash down, $103,000 non-recourse at 7.9 percent on a 25 year amortization w…
My IRA has about $40,000 in it. Rural markets around me have livable single-family houses in the $55,000 to $70,000 range, so all cash is out of reach unless prices drop. Somebody…
I'm two weeks into opening a self-directed IRA and I've read the fee schedule four times. There's an annual account fee, a per-asset holding fee, and a transaction fee each time m…
I have both a traditional rollover IRA and a Roth, and enough in each that either one could buy a small single family rental with cash. The custodian doesn't care which I use. I d…
A year of reading about paper and I still understand maybe a third of it. Bought a small performing first position note inside a Roth SDIRA last month and it's now made two paymen…
Under contract on a 6.2 acre infill parcel at $340,000 in a growth path suburb. The seller wants a 30 day close and won't split it. My Roth SDIRA has $154,000 available. I have $1…
First SDIRA purchase attempt. It died and I want to write down exactly where. The property: $147,000, three bed, tenant in place at $1,295 paying on time for two years, seller was…
Reading a custodian's account agreement and the signature block is confusing me. The purchase contract apparently gets signed by the custodian as trustee for the benefit of my IRA…
I've spent a week going through the mechanics of debt-financed income inside a self-directed IRA and I want to state what I think I know in plain language so someone can tell me w…
Three weeks into setting up a self-directed Roth and I hadn't gotten as far as who's allowed to live in the thing. Told my daughter about the plan at dinner and she asked, half jo…
Working through a structure question. Say the IRA buys a $300,000 four-plex with $200,000 of IRA cash and a $100,000 non-recourse loan, so the debt-financed percentage starts near…
Old employer 401(k) with $310k in it. I have a side consulting income, real 1099 money, about $40k last year and probably similar this year. Three rentals held personally already,…
I've spent so long weighing options that I'm now weighing the wrapper instead of the deal, which is its own problem. Two versions I can actually execute. One, the IRA buys a modes…
I've been running a service business for five years and the retirement side has been on autopilot in index funds the whole time. Now I'm looking at moving part of it into a self-d…
A friend pointed me toward holding a small rental inside a Roth vs a traditional IRA and I got stuck on the far end of it. If the account has to start paying me out at some point,…
I've been running a side by side for a small rental inside a Roth, all cash versus non-recourse, and the all cash column keeps winning by more than I expected. I want someone to p…