The ability to invest retirement funds in real estate actually has been available to owners of self directed IRAs for more than 30 years. However, it is only in the past few years that IRA account owners have invested in real estate in growing numbers. Part of the reason for this trend is the emergence of custodians specializing in alternative investments. Custodians like Millennium Trust allow self directed IRA owners to hold real estate in their IRA.
Investing self directed IRA funds in real estate is not for every investor. There are certain rules and regulations that are important to understand before considering this type of investment. Millennium Trust strongly recommends consulting with your tax, financial and legal advisors before deciding to make a self directed real estate IRA investment.
Your Self-Directed IRA can purchase investment real estate as another form of a tax-sheltered retirement investment (consult your tax advisor). Using debt non recourse financing to purchase these real estate IRA investments allows for diversification without tying up all of your IRA funds.
The IRS requires a non-recourse loan for all real estate purchases that use leverage with a self-directed IRA. North American Savings Bank is America's IRA Non-Recourse Lender that specializes in helping you obtain debt non recourse loans which are used with a Self-Directed IRA.
