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Updated over 5 years ago on . Most recent reply

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Klodian H.
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Self Directed IRAs/Accounts

Klodian H.
Posted

Is anyone working with Self Directed IRAs? I took a seminar and I was told that putting your properties under IRA SD, SOLO, Goldern, HSA, and Coverdell and that this provides great protection for your assets and limits the taxes that you pay. I want to hear from people who are using this strategy and any recommendations on companies who do this. Thank you.

Most Popular Reply

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,235
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Klodian H.

You probably misunderstood... You CANNOT put or transfer any of your assets into SD IRA or Solo 401k. You can however convert your retirement account into Self-Directed IRA and then buy alternative assets such as rental properties.  

  • Dmitriy Fomichenko
  • (949) 228-9393
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Sense Financial Services LLC
4.9 stars
166 Reviews

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