General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Need Advice - Best way to purchase Duplex via IRA?
So I have set up an IRA for RE Investing.
I now have the opportunity to buy a duplex. It will be under market value, need about 20k in repairs, and will be cash positive
What is the best way to structure this?
I am looking for advice on the best way to structure the purchase and the insurance, while protecting my assets within the ira. Ideally I would like to explore the different cash vs financing options that would be available (I am new to IRA investing).
Would an LLC within the IRA be overkill? Would a land trust help with shifting funds for purchasing?
My attorney who set up my IRA is referring me to a CPA to help but I would really like to hear how others have gone about this.
Thanks!