IRA Real Estate
How it Works
Below is an illustrated example on how to get started using you retirement account to buy real estate.
First, you need to set up an account with an approved self-directed IRA custodian. Sitar will assist you in choosing a custodian who will best serve you. Then, let us help you set up your own LLC and manage the investment yourself, or invest in one of our private placement LLCs and let us find and manage the investment for you. Next, you will set up a bank account at a banking institution of your choice for that LLC. Finally you will work with one of our real estate professionals to locate a real estate investment which is right for your retirement goals.
Money flowing in and out of the investment must follow the same flow chart above to maintain the investment under IRS guidelines under IRS codes 590 and 4975.