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Updated almost 4 years ago on . Most recent reply

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60
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Jay Maranan
  • Rental Property Investor
  • San Francisco, CA
17
Votes |
60
Posts

Using Self Directed IRA to purchase rental properties?

Jay Maranan
  • Rental Property Investor
  • San Francisco, CA
Posted

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

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John Underwood
#4 All Forums Contributor
  • Investor
  • Greer, SC
14,910
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12,317
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John Underwood
#4 All Forums Contributor
  • Investor
  • Greer, SC
Replied

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.  

  • John Underwood
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