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-   -   IRS compliant self directed IRA LLC (https://www.talkofthevillages.com/forums/investment-talk-158/irs-compliant-self-directed-ira-llc-129849/)

cchase 10-13-2014 02:16 PM

IRS compliant self directed IRA LLC
 
19 Attachment(s)
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 10-13-2014 03:04 PM

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 10-13-2014 09:07 PM

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 10-14-2014 07:21 AM

Here is a good link for more info.

Real Estate | Self-Directed IRA by CamaPlan

nitehawk 10-14-2014 07:42 AM

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 10-15-2014 10:34 AM

Quote:

Originally Posted by nitehawk (Post 952655)
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.


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