Episode #261: https://SelfDirected.org/261

The Big Idea

What is a real estate IRA?  Does it actually possess the unthinkable ability to invest your IRA into real estate?  Who offers the very best real estate IRA in the market today?  That's what's in Episode #261 of Self Directed Investor Talk

Points To Ponder

• Come to meet Bryan at the ThinkRealty National Conference and Expo in Dallas, Texas on April 29. A few free tickets available if you email Bryan at [email protected].
• A “real estate IRA” is theoretically an IRA that’s better suited for purchasing real estate than other IRA’s
• Under the law, there’s no such thing as a real estate IRA (or a “self-directed IRA”)!
• That name is used to get your attention, because big dollars are stake for custodians, some of which willfully mislead with statements like these:

"Technically speaking, a Self-Directed IRA is not any different than any other IRA (or 401k)" -- https://www.trustetc.com/self-directed-ira/faqs

"A real estate IRA is technically no different than any other IRA (or 401k)." -- https://www.trustetc.com/real-estate-ira/what-is-it

• Those statements are patently false and, Bryan suspects, willfully deceptive. (Listen to podcast or see transcript for further substantiation.)
• Bryan’s 5 recommendations if you want to buy real estate in an IRA:
  1. Consider buying real estate OUTSIDE your IRA rather than INSIDE it
  2. No need to use a so-called “real estate IRA”… any self directed IRA will do
  3. It is possible for your IRA to get a loan to buy real estate
  4. Use a solo 401k (aka self-directed 401k) rather than a self-directed IRA if possible (here's why)
  5. Consider taking title to real estate in an LLC rather than directly in your IRA
• A few good custodians for real estate transactions: Advanta IRA, uDirect IRA, Quest IRA
• The Very Best option for buying real estate with your retirement funds is available here 
• Please read transcript or listen to full episode for further substantiation.

Resources

• Episode #261 of Self Directed Investor Talk available here
• Ultimate IRA/401k for Real Estate Investors

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