Self Directed IRA questions

[Lesley Resnick]

Happy Hump day,

Is anyone using a Self Directed IRA? A number of the investors I work with have been asking to buy RE inside the IRA. Any insight would be helpful. If you are in that business, could you PM me.

Couple of questions:

1. Is it difficult to set up?  Who do you use as an administrator?

2.  Annual cost to keep it going? Admin fees, tax prep, etc

3.  How quickly can transactions be made?  The trustee must sign the offer, etc.

Thanks!