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Rental Property in Self Directed IRA - Is it Worth It?
It's the thing they're not making any more of - and no I don't mean bitcoin. Real estate.
Adding real estate to your investment portfolio is, for many people, a huge way to accelerate their wealth. I'm saying that and I don't even have a course I can sell you on how to 10x leverage yourself into an early AirBnb retirement.
But should you own real estate in a self-directed IRA?
It's a less commonly known but completely legal way to buy a rental property. But buyer beware, while this may work in some instances, there are a bunch of pitfalls and ways that even savvy investors can turn their investment into a tax nightmare. Listen as Austin Preece of Preece Financial Services and I unpack the 3 big benefits of owning real estate outside of an IRA, and how owning it in a self-directed IRA can go wrong if not properly accounted for.
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By Hamilton BrandenburgIt's the thing they're not making any more of - and no I don't mean bitcoin. Real estate.
Adding real estate to your investment portfolio is, for many people, a huge way to accelerate their wealth. I'm saying that and I don't even have a course I can sell you on how to 10x leverage yourself into an early AirBnb retirement.
But should you own real estate in a self-directed IRA?
It's a less commonly known but completely legal way to buy a rental property. But buyer beware, while this may work in some instances, there are a bunch of pitfalls and ways that even savvy investors can turn their investment into a tax nightmare. Listen as Austin Preece of Preece Financial Services and I unpack the 3 big benefits of owning real estate outside of an IRA, and how owning it in a self-directed IRA can go wrong if not properly accounted for.