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What is the difference between buying real estate for myself and purchasing real estate for my self-directed IRA?

April 26, 2017buying IRA purchasing Real Estate self-directed

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What is the difference between buying real estate for myself and purchasing real estate for my self-directed IRA?

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The main differences are: title: the property must be titled to your IRA, funding: the funds must come directly from your IRA, expenses/income: all expenses must be paid from your IRA and all income must be paid to your IRA, and signatures: documents related to your IRA investments must be signed by your self-directed IRA account’s custodian.