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Updated about 11 years ago,
ideas on taking rents in my self directed roth ira
Hey bp, so I hv properties that I have partnered with my sdira to purchase. I own a % undivided interest and my ira owns a % in the ownership of the house. So when my tenants pay rent
a portion of the rents come to me and a portion must be paid to the ira. So far ive been requesting the tenants bring in 2 blank money orders and I use a premade stamp with my ira info on the stamp and we just stamp the money orders when they bring them in. We then mail the according payment to the ira custodian. Anybody have other creative ways to collect rent payments and get them into the ira other than hiring a property manager? o