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…
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…
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…
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…
When I funded the SDIRA two years ago I set an arbitrary rule that felt over-cautious at the time: eighteen months of full operating costs in cash inside the account before I'd sp…
Closed on a 2 bed 1 bath, 1,040 square feet, in a county seat town in the midwest. $118,500 all cash from a Roth SDIRA. Rents at $1,150, taxes $1,340 a year, insurance $890, PM at…