Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 4 years ago on . Most recent reply

User Stats

13
Posts
3
Votes
Mark Ross
  • Rental Property Investor
  • Falmouth, MA
3
Votes |
13
Posts

Picking a Self Directed IRA custodian

Mark Ross
  • Rental Property Investor
  • Falmouth, MA
Posted

Having trouble pulling the trigger on who to roll over my 401(k) to, for a self-directed IRA, so that I can purchase another property. Since the big box investment companies and banks don't do self-directed IRA when it comes to purchasing my own properties, I'm trying to make sure I don't make a mistake. I've talked to Pensco (Now called Pacific premier trust) and Madison trust. I've read a ton of books and online and feel very comfortable with my decision for doing a Self Directed IRA, now I'm just trying to make sure I picked the right custodian. Any help would be appreciated. Thank you in advance

Most Popular Reply

User Stats

2,877
Posts
2,535
Votes
Brian Eastman
  • Self Directed IRA & 401k Advisor
  • Wenatchee, WA
2,535
Votes |
2,877
Posts
Brian Eastman
  • Self Directed IRA & 401k Advisor
  • Wenatchee, WA
Replied

@Mark Ross

There are several quality providers of the IRA LLC program that are active contributors to and supporters of the Bigger Pockets community.

Be sure to shop the service as there is a big difference between document mills on one end and true advisors on the other.  

The most important piece of the Checkbook IRA LLC is not the setup or the custodian (who's role is very limited), but rather your access to quality ongoing support in your use of the tool and IRS compliance.

Loading replies...