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Using self-directed IRA to invest in real estate
Seattle, WA
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Posted 11 months ago in Financial Markets And Services
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How can I go about rolling over my old 401(k) into a self directed IRA and then use that to invest in real estate?
Answers (1)
Kenneth Allyn Sprang
This attorney is licensed in Dist. of Columbia and 3 other states.
Posted 11 months ago.
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Most IRA custodians will not hold title to real estate for you. There are just a few that do. Entrust is one source--http://www.theentrustgroup.com/locations/franchises/4/, but I encourage you to Google IRA and real estate and you will find others. You will need to set up an IRA with the group you choose. They then should have a form to allow you to roll over your 401(k) to the IRA. Then proceed to acquire the real estate.
Best regards, Ken ksprang@dcinternationalcounsel.com
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