Self-Directed IRA Secrets: Investing in Real Estate & Notes!

Update: 2025-09-16

Description

Unlock Your Retirement Potential: The Ultimate Guide to Self-Directed IRAs! 💰

Tired of limited investment options in your traditional IRA? Discover the power of self-directed IRAs (SDIRAs) and unlock a world of possibilities, from real estate and notes to private equity and beyond! Join Scott Carson as he breaks down everything you need to know about SDIRAs.

In this episode, you'll discover:

What is a Self-Directed IRA? Learn the basics of SDIRAs and how they differ from traditional IRAs.
The Latest Contribution Limits (2025):
General limit: $7,000
Catch-up contribution (50+): Additional $1,000
Ways to potentially contribute over $7,000 a year.
Types of SDIRAs:
Traditional IRA
Roth IRA
401k (self-employed / solo 401k)
SEP IRA (simplified employee pension)
SIMPLE IRA (savings incentive match plan for employees)
HSA (health savings account)
HSA Insights: Learn how to invest the money from your HSA.
Prohibited Transactions: Know the rules to avoid costly penalties and loss of tax-deferred status.
Using A 3rd Party Person To Handle Work On A Property. Why It is important to do.
The Backdoor Roth IRA Strategy:
Who it's for: High-income earners exceeding direct contribution limits.
Step-by-step process: Traditional IRA contribution + Roth conversion.
Pro-rata rule: A critical consideration for those with existing pre-tax IRA balances.
Checkbook IRAs (LLC IRAs):
How they work: Structuring the IRA to own an LLC for greater control.
Benefits: Faster transactions, reduced fees, expanded investment options.
Drawbacks: Complexity, ongoing costs, increased responsibility.
When they're suitable: Experienced investors making frequent real estate transactions.
Avoiding Scams and Misleading Information: How to avoid falling victim to scammers.
The Importance of Due Diligence. Be wary of promoters that overstate the benefits.
Consulting with professionals: Seek legal/financial advice before making changes.
Get started today! How to put a small amount of money into a SDIRA.