Self-Directed IRA approach to RE investing

[Dave Godfrey]

Anyone have experience using their Self Directed IRA for a real
estate purchase?

I have some $ just transferred to a SD-IRA. I am looking to use the funds for a purchase. What vehicle would you suggest?

-Real Estate

-Notes

-Other

I heard that you cannot take depreciation inside an IRA. If true, it seems that it wouldn't make the most sense to purchase Real Estate.

Thoughts?

Thanks in advance for your responses,

Dave