Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Rick Eicon
  • West Chester, PA
0
Votes |
6
Posts

Buying RE with self directed IRA

Rick Eicon
  • West Chester, PA
Posted

Has anyone looked at buying RE via a self directed IRA vs cashing out the IRA, paying the penalty and putting funds into a business account and having full control of funds Immediately?

Most Popular Reply

User Stats

4
Posts
3
Votes
Emily Martinez
  • Real Estate Agent
  • Piperton, TN
3
Votes |
4
Posts
Emily Martinez
  • Real Estate Agent
  • Piperton, TN
Replied

I Have a self directed IRA and have purchased 2 rental properties that are held in trust through the IRA all profits made from those rentals return to the IRA therefore building our retirement funds. We will continue to allow it to build then buy more properties. All of this is tax deferred so the income is not counted against us. Using the money in the IRA for any fixing, HOA fees, or maintenance on the properties is really pretty simple. We use a company called Equity Trust and have been very happy with them. Good luck to you.

Loading replies...