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 almost 4 years ago on . Most recent reply

User Stats

29
Posts
10
Votes
Damon L. Davis
10
Votes |
29
Posts

Pay Off Properties in an SDIRA.... Right?

Damon L. Davis
Posted

Re: Pay off vs. Don't Pay off your property - I have several properties in my Self Directed IRA (SDIRA) LLC, my retirement fund. Some of them are on conventional 30-year mortgages. I don't take any personal tax benefit from owning those properties, like writing off the mortgage loan interest on my personal tax return. Therefore, it makes sense to just focus hard on paying off those properties as quickly as possible, right?

Conversely, I can see the argument for maintaining some mortgage balance on your property as long as the numbers work and cashflow is strong in the direction of my goals. Am I missing something? Thx for helping out!

Loading replies...