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While investing my IRA in real estate, are there advantages to using a Self Directed IRA LLC?

April 26, 2017advantages directed Investing IRA LLC Real Estate self

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While investing my IRA in real estate, are there advantages to using a Self Directed IRA LLC?

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Complete checkbook control can only be achieved with a Self Directed IRA LLC, as opposed to a general custodian. With the general custodian you still have to get permission from them to do every transaction. Real estate is a time sensitive business and by using a self directed custodian you have control to make the quick decisions that need to be made in such a business opportunity. With having your checkbook on hand you will be able to work in the field of tax deed and lien sales, foreclosures and other cash like deals, ensuring that you can make quick investments, which allows you to get great prices on some of the better investments. Also, with your self-directed IRA you maintain the ability to general manage your property, collect rent, advertise directly for renters, deposit rent checks and pay any of the real estate bills. You guide your own investment and in turn it provides more money for your retirement.