Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
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 8 years ago on . Most recent reply presented by

User Stats

2
Posts
1
Votes
Ishmeet Singh
  • San Jose, CA
1
Votes |
2
Posts

Investing on crowd funding real estate platforms with Self-Directed IRA

Ishmeet Singh
  • San Jose, CA
Posted

Hello,

Thank you for taking time to answer my questions.

My yearly income is between $150K-$200K, which means I'm a non-accredited investor. I'm still very interested in investing on crowd funding real estate platforms like Realty Mogul. My question is:

1. Can I invest on the crowdfunding websites with my self-directed IRA?

2. Do crowdfunding platforms allow that?

3. Is IRS cool with that?

Cheers!

Ishmeet

Most Popular Reply

User Stats

1,351
Posts
1,087
Votes
Josh Caldwell
  • Investor
  • Dallas TX, United States
1,087
Votes |
1,351
Posts
Josh Caldwell
  • Investor
  • Dallas TX, United States
Replied

A couple of things here, First off why crowdfunding? That is a more risky versin of private lending. You can be a private investor with your self directed IRA and make a high rate of return secured by a property that should be bought well under market price. that is one of the safest investments out there in my opinion. Its easy to find those sorts of investments.

Now back to your question, even though I dont know why you would do this. Contact your self directed IRA custodian, it is their job to tell you if a transaction is allowed or not. The crowdfunding platform shouldnt care where you funds come from as long as your funds are legit.

I hope that helps, feel free to contact me if you have any other questions

Josh

Loading replies...