Bryan Ellis, CEO of Self-Directed Investor Society, has just published a new episode of Self-Directed Investor Talk which addresses the critical question of whether it’s suitable for investors to buy real estate inside of a self-directed IRA or solo 401(k).
“I am a strong advocate for the use of self-directed IRA’s and solo 401k’s as way to minimize tax obligations. But the truth of the matter is that self-directed retirement accounts are not always the right tool for the job” says Ellis.
Real Estate Is A Leading Asset Class
Real estate is, without question, the most widely owned asset class within truly self-directed IRA’s, so there is overwhelming legal precedent for this strategy. This is why the term “real estate IRA” has become so pervasive.
But compatibility is different from suitability.
In episode #273 of Self-Directed Investor Talk, Ellis guides potential IRA-based real estate investors to honestly answering these questions:
- Who will use the property, and how?
- Who will renovate and maintain the property?
- Where is your investment capital?
- When do you need to take profits?
An honest assessment of these questions gives investors clear signals for whether to execute their transactions within a self-directed IRA or 401(k), and in this new training, Ellis offers guidance on answering those questions correctly and honestly.
Founded in 2014, Self-Directed Investor Society is America’s leading private association for alternative asset investors, including real estate, precious metals and private businesses. SDI Society offers a range of training and services designed to help individual investors find, understand and profit from extraordinary alternative investment.