Self-directed IRA for equity injection? NOT ROBS 401k

by a searcher from California Polytechnic State University - San Luis Obispo

1 year ago

Hey all, has anyone looked into or executed on a self-directed IRA for investing into deals? 

I'm specifically NOT asking about ROBS 401k because that's a very different tax/financial structure with pretty big downsides, both reporting and structural. 

I don't know if there are difference between a self-directed IRA or a self-directed 401k, but initial research is showing that the IRA option is the most flexible since you can just roll existing IRA into it to get it off the ground. Versus self-directed 401k that's tied to self-employment income for current or past years.

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searcher from University of Tennessee - Knoxville

As I have been told, you can receive funds from third-party self-directed IRAs but you legally cannot have control of the investments made by your self-directed IRAs. I recommend speaking with Mike Todd at IRA Innovations. He is the President of a Self-Directed IRA Administrator. The website is https://irainnovations.com/contact/. There are multiple administrators out there, but Mike is on the more conservative side and will keep you clear of IRS and legal issues.

1 year ago | like reply | 1 like

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