Invest in Real Estate using an IRA

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Many investors take advantage of this great strategy to grow their wealth and save on taxes.

Let’s take a moment to talk about Self-Directed IRA's in more detail:

Self-Directed Individual Retirement Account (SDIRA)?

An SDIRA is a personal retirement account that allows for a diverse range of investment opportunities beyond the typical stocks, bonds, and mutual funds.

This type of account provides more autonomy than traditional retirement accounts by allowing individuals to invest in assets aligned with their financial goals and investment strategy, such as real estate.

By diversifying their portfolio, an SDIRA may provide higher returns and lessen investment risk. The tax advantages of a traditional IRA still apply, making it a desirable option for those seeking to save for retirement.

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The process of establishing an SDIRA is simple.

The following steps can be taken:

Select a custodian: There are many companies out there such as NuView Trust, Strata Trust, Quest Trust, Midland Trust, Entrust, Directed IRA, etc.?

Open an account: By completing an application and providing personal information, such as name, address, and Social Security number, individuals can select the type of IRA they wish to establish (e.g., Traditional IRA, Roth IRA, etc.). This process can take less than a week.

Fund the account: Contributions can be made annually, or individuals can transfer funds from their 401k (or another retirement account).

Invest: After funding the account, individuals can inform their custodian where they would like to invest their funds.

Options to fund your SDIRA account:

Annual contributions: You can make yearly contributions to your SDIRA up to the annual contribution limit set by the Internal Revenue Service (IRS). For 2022, the contribution limit for IRAs is $6,000 for those under age 50 and $7,000 for those over age 50.

Rollovers: You can also roll over funds from your 401k (or another retirement account) into your SDIRA. This is called a rollover contribution and allows you to transfer funds from one retirement account to another without paying taxes or penalties. Caution - if you are actively participating in your company's 401k you may not be able to roll it over if you want to continue participating in it.?

Transfers: You can transfer funds from one SDIRA to another SDIRA as long as both accounts are in your name.

Inheritances: You can receive funds from an inherited SDIRA account, which can then be transferred into your own SDIRA.

Before committing to using your IRA to invest in Real Estate - just be aware of the tax implications it will have, consult with your custodian to best understand this.

If you are ready to see our upcoming investing opportunities where you can invest using your IRA join our list here ------> Join our investor club

Satch Bernhardt

CEO | V1 Capital