How to buy Real Estate with your Retirement Plans

We are going to talk about how you can real estate with a self-directed IRA ( individual retirement account )

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1. This works with all of these options, it just needs to be self-directed to allow you the freedom to pick different investment vehicles
Self-directed ira:
Self-directed roth ira
Self-directed SEP:

Also: although we focusing on real estate
- You could also buy gold, debt, businesses, and even bitcoin.
- Those are the big pros of using a self-directed IRA
- But also the cons, because if you risk your money, you might lose it ( and that’s why our focus is real estate)

2. How we can use Self Directed Ira to Buy Investment Property
- Law allows you to buy investment property for your IRA
- You also need to know what a non-recourse loan is vs a recourse loan
- Basically, when you go to the bank trying to use IRA to buy an investment property, they can use you to be liable or IRA Assets (non-recorse_
- Standard recourse loans, means that if you don’t pay, the bank can go after your assets too.

Big Benefits:
- Your income is not taxable if it stays inside the ira (it's not going to be for you, its to be for ira)
- You won't be taxed on capital gains until you start withdrawing
- For example: buy a property: 300k and income of $1,500 and later sold for 1M.
- And if you have a Roth option, you will never pay taxes ( but that’s an entirely different thing because fo the conversion ladder)

The Bad:
- Because he mortgage you get isn’t guaranteed by your personal assets and is made to your ira, the bank will more than often require a large down payment (40%)
- And also because of the higher risk factor, you can expect to pay a little more interest.
- Ubit tax be careful ( unrelated business income tax) so an example would be if you leverage when buying a property with a non-recourse loan, a percentage of the income you receive will be taxed.

Tip: nonrecourse Debt, is debt that the collateral would be the property but not the borrower: so can't go after my assets.

3. Converting your IRA into a Self Directed one
- Employer 401k:
- Normal Ira:
- Normal Roth ira:

4. Rules to Follow:
- The property you buy has to be for investment purposes
- Expenses on the property must be paid by IRA, not by you ( so leave extra money for these expenses)
- You cant use persona property in the iRa ( although hard to prove)
- Any income needs to be paid to IRA not you
- You cant buy a rental property currently owned by you or a relative ( cant outsmart the gov)

Remember:
- This has to be done with a self-directed retirement account ( not with ones by your employer) – although you can roll It over once you are done
- You have to speak to your CPA about this, of intensive research, stuff that has to do with retirement ( is very important you understand all the cons and pros)

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

Видео How to buy Real Estate with your Retirement Plans канала TommyBryson