How to Liberate Your IRA to Invest in Real Estate
Quick guide on self-directed IRAs and solo 401(k)s. And what to watch out for..
(Usual warning: I'm just an investor and not an accountant, financial advisor, tax advisor or attorney. This is my opinion only, and you should consult your own financial and legal professionals before taking any action on this or other financial matters.)
Many investors have money in IRA retirement accounts that they want to invest in alternative investments, like real estate crowdfunding and syndications. But typically, they can't because most IRA custodians lock down their available options to just the investments that they sell.
Thankfully, there IS a way to free your IRA. And there are some pitfalls to watch out for,too. So here's a guide to get you started. (And as always, consult with your financial and legal advisors first, to make sure any solution meets your personal needs).