Real Estate IRA Investment Basics

A real estate IRA is a type of self directed IRA.undeveloped land. Other common advantages
A self directed IRA is an investment option forinclude reduction of taxable income, asset
those who want to have more control over theirprotection, estate planning, and possible tax
retirement investments.deferment.
Unlike traditional IRAs these type of investmentsOne of the popular features of this kind of IRA, in
allow you to diversify your portfolio, by usingany case, is the limited custodial participation and
your retirement funds to invest in loans,reduced custodial fees. This means that self
businesses, real estate, and other opportunities.directed IRA holder does not have to pay
IRAs were created in 1975, as part of theadditional special, asset based, holding, or other
Employee Income Security Act of 1974, orrelated types of fees, including transactional fees
ERISA, and self directed IRAs were also createdfor each check from your investment that you
during this time. Most investment choices duringdraw.
this time included real estate and notes.If you are interested in pursuing this IRA type,
Technically, self directed IRAs are no differentyou should be sure to learn and adhere to the
from traditional IRAs.rules and regulations that govern the
They differ in their investment options, sincemanagement of these types of accounts. There
most traditional IRAs only permit investmentare certain steps that you must follow in order to
options in approved stocks, mutual funds, bonds,insure that your IRA will be official and that you
and CDs. This type of IRA allows, in addition towill be able to qualify for the associated benefits
the investment types mentioned above, for taxand deductions.
lien certificates and private placements.It is crucial that you define your investment
There are several different options for real estatebefore you take any other action towards a self
IRA investing depending on how the real estatedirected real estate IRA or traditional IRA. Your
investment is acquired.financial advisor can assist you in making sound
If you have purchased it from an unrelated partyinvestment decisions and should be consulted
paid cash for it, and plan to not use it for personalbefore you agree to any investment type.
reasons while it is part of your IRA, then normalYour retirement fund is vital to your future, which
rules and restrictions, which vary by lender, state,is why you should always research your options
and circumstance, apply.when it comes to investing it. Researching and
You can use your IRA to purchase commerciallearning about a particular topic is the first step to
property, residential or rental property, loana successful start.
extensions, partial notes, tax liens certificates, and