A self directed checkbook IRA allows you to have checkbook control of your IRA retirement account.
If you’re a seasoned real estate investor, you know how quickly expenses can add up. A few trips to Lowes, a few calls to your contractor or a simple mistake made by an inexperienced handyman means you have to shell out money, money, money – right out of your pocket.
Now imagine in addition, if you had to pay an additional fee to the custodian every time you needed to cover an expense related to your investment. On top of your financial losses, it can be an enormous expense of time and frustrating to say the least. We are sure you would agree that this is no way to steward what is likely the most important asset you have – your IRA nest egg.
Checkbook control means practically being able to buy what you need when you need it and not when you can chase down your custodian for a signature. As you probably already know, sometimes the best investments are made before others learn about them. Without checkbook writing privileges, great investment opportunities could be missed.
What Does Checkbook Control Of Your IRA Mean?
Having checkbook control means you get to manage your IRA retirement account to maximize your retirement investment. Checkbook control gives you the ability to invest in practically any way you see fit. The following is a short list of what you can invest in with your Checkbook IRA: undeveloped land, tax liens, hard money loans, private notes, commercial real estate, discounted paper – the list is practically endless.
Checkbook control gives you the ultimate control over your retirement funds. Call TSD-IRA to learn more at 877-339-4559.
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