IRS compliant self directed IRA LLC

[cchase]

I am researching the possibility of using an IRS compliant self directed IRA LLC to purchase rental property here in The Villages. Has anyone actually purchased rental property using IRA funds? If so, any information or suggestions would be greatly appreciated.

Carmen

[TNLAKEPANDA]

I have not done it but did look into commercial property under a SD IRA and you will need a third party administrator I believe. Sounds like it would be a good investment though! Let me know what you find out.

[rjm1cc]

You need a qualified custodian to hold title. It can be done but you will need some professional help so you bo not material participate.

[TNLAKEPANDA]

Here is a good link for more info.

Real Estate | Self-Directed IRA by CamaPlan (http://camaplan.com/investment-options/real-estate/)

[nitehawk]

Time to start looking for new place to live -- from a retirement community to a ------- LLC - Corp-- handwriting on the wall---tv really has changed

[TNLAKEPANDA]

Time to start looking for new place to live -- from a retirement community to a ------- LLC - Corp-- handwriting on the wall---tv really has changed


See Ya... Let us know what you find out there. TV is a city of 100,000 not some small little village or gated community. There is going to be diversity.