Syndication with a Self Directed Roth IRA

[Dale Snider]

BP Teammates, I've an opportunity to buy into a large syndication deal and I want to use my Roth IRA. I'm currently looking at all the BP posts about SDIRAs and have not yet seen one discussing buying into a syndication. I don't think I would need The services of a checkbook IRA and I'm not looking for a lot of interaction with the custodian. I think I'll need to set up the account and receive investment contributions monthly or quarterly for 5+ years. I need to select a custodian, talk it over with my CPA and REI lawyer... any recommendations on a custodian or steps I'm missing? Thank you in advance!

[Taylor L.]

I'd suggest you learn about Checkbook Control IRAs. Cuts down on transaction fees significantly and it'll help you get your proceeds redeployed into another investment more quickly.