Investors, we all know that there are serious profits to be made with rehabbing real estate investment deals. But have you ever thought of using your Self Directed Retirement Account to “finance your real estate deal“?Huh?? That was my initial response as well. So I sought out some experienced help in explaining how all of this could work for REIClub.com investors.
I had a chance to connect with Kurt Jacobson over atRentFinder who shared this with me: “When it comes to rehabbing homes, doing it in a self-directed retirement account can offer a number of benefits and make the financial aspect of home flipping all the more lucrative. So long as you already have at least some money built up in your retirement account, you’ll be able use this strategy to the fullest.” In the article below, Kurt , outlines just a few of the advantages of flipping a home in a self-directed retirement account.
4 Benefits of Rehabbing A Home Using A Self-Directed IRA
Investor Tip: Of course, the entire notion of rehabbing a home in a self-directed retirement account is a better fit for those who have experience successfully running a rehab project. Those who have already done a few investments like this know the potential that lies within the strategy.
So if you’re looking to flip a home in the near future and have at least some cash built up in your retirement account, considering a self-directed IRA LLC is a great idea. You won’t have to pay taxes, and with SDIRA checkbook control the whole process becomes much more simple as you are able to control your own transactions and financial decisions.
I had a chance to connect with Kurt Jacobson over atRentFinder who shared this with me: “When it comes to rehabbing homes, doing it in a self-directed retirement account can offer a number of benefits and make the financial aspect of home flipping all the more lucrative. So long as you already have at least some money built up in your retirement account, you’ll be able use this strategy to the fullest.” In the article below, Kurt , outlines just a few of the advantages of flipping a home in a self-directed retirement account.
4 Benefits of Rehabbing A Home Using A Self-Directed IRA
- Tax free profits
- Simplicity
- Independence
- Save on fees
Investor Tip: Of course, the entire notion of rehabbing a home in a self-directed retirement account is a better fit for those who have experience successfully running a rehab project. Those who have already done a few investments like this know the potential that lies within the strategy.
So if you’re looking to flip a home in the near future and have at least some cash built up in your retirement account, considering a self-directed IRA LLC is a great idea. You won’t have to pay taxes, and with SDIRA checkbook control the whole process becomes much more simple as you are able to control your own transactions and financial decisions.