Making real estate investments in your self-directed IRA
Published on March 25, 2014
, we laid out a few guidelines regarding these nontraditional investments. Commercial and residential real estate investments are among the most popular types of investments in self-directed retirement accounts but there are many real estate-related investments that are also allowed. These include mortgage notes, tax lien certificates, limited partnerships and LLCS.
Before making any kind of self-directed investment you must first open an account and make a deposit that will get you started. If you are transferring funds from another custodian, be aware it can take up to 30 days for that to go through (even though it only takes two business days to set up your new account) so plan accordingly.
As the account administrator, Next Generation Trust Services (NGTS) manages all the necessary paperwork to make these self-directed investments according to our clients’ instructions. Let’s take a look at some of the common real estate-related investments with self-directed IRAs and the steps our clients perform to make those transactions with our guidance.
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