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Updated almost 4 years ago on . Most recent reply

Using Self Directed IRA to purchase rental properties?
Hey everyone,
Can anyone provide any information like pros and cons of using a self directed IRA to purchase real estate? Also, if you have worked with any reputable companies and had good experiences, can you please share the company name? I am considering this option to buy, and was hoping to get some guidance as well has potential fees, upside/downside to this strategy. Thanks in advance everyone!
-Jay
Most Popular Reply

- Investor
- Greer, SC
- 15,152
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I just bought my 5th house inside my SDIRA with checkbook control.
I maintain plenty of cash for unforseen repairs, and the account is growing quickly from all the rent from the houses it owns.
Since it is a ROTH account. I will never pay tax on the money when I withdraw in retirement.