I have one that I use to own a vacation rental.

Rolled over $575k from a old 401k into a self-directed IRA, using IRA Services in CA as custodian. Had an attorney create a "checkbook LLC" where I bought a vacation rental in VA. Just can't use the rental myself or for immediate family. Set up an E-trade account from what was left over. I'm making about $40k a year on rental revenue (~15K net), plus whatever I end up on real estate when I eventually sell.

In response to this post by HokieHutch

Posted: 03/26/2018 at 09:24AM

Anyone use self directed IRA? -- HokieHutch 03/25/2018 5:00PM

I have one that I use to own a vacation rental. -- hookie 03/26/2018 09:24AM

Kinda what I was thinking. Thank you -- HokieHutch 03/26/2018 1:27PM

So far so good. -- hookie 03/26/2018 2:24PM

I have one. Our country club was selling some bonds to finance a project -- Galenahokie 03/26/2018 08:19AM

Whats your plan when you get to Minimum Required Distribution age? How -- DonHo-kieHi 03/25/2018 11:53PM

I plan to hold off -- HokieHutch 03/26/2018 08:45AM

Lots of risk in real estate in IRA. Get CPA advice and Check this: -- VaAkita 03/25/2018 10:37PM

Great article...thanks ** -- HokieHutch 03/26/2018 08:40AM

Some guy in Northern Ireland handles mine.I have yet to receive a statement ** -- HokieDan95 03/25/2018 9:02PM

I recommend some good advice before going this route -- One4VT 03/25/2018 7:15PM

It’s generally better to roll a 401K from a previous employer into a self -- Hoakie82 03/25/2018 5:35PM

Not sure what you mean by self directed as it relates to real estate -- CPRVHokie 03/25/2018 5:13PM

Self directed let’s you invest in a series of options -- HokieHutch 03/25/2018 8:33PM

I thought the only real estate you could own in your 401K, was an REIT or -- BayHokie 03/25/2018 6:01PM

I believe Hutch is considering moving money from 401k into an IRA, where -- Hokie360 03/25/2018 6:19PM

Talking about non-disqualified dispositions -- HokieHutch 03/25/2018 8:49PM

I messed around in that website for a bit. My advice: -- CPRVHokie 03/25/2018 8:55PM

I'm curious about this too. I don't have any info... -- MP4VT2004 03/25/2018 5:02PM

If you look at the bottom of the page, there is a link to "Real Estate" ** -- BayHokie 03/25/2018 9:01PM

I have one that I use to own a vacation rental.

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