How to Use Your Self-Directed IRA to Invest in Real Estate Syndication #shorts

Name: How to Use Your Self-Directed IRA to Invest in Real Estate Syndication #shorts
Uploaded: 2022-05-26T13:00:06Z
Duration: 58 s
Channel: Chris Larsen
Description: Tim Ferriss explains how truly self-directed IRAs let you invest in almost any IRS-compliant asset, unlike custodians that restrict what you can hold…

26 May 2022 · 1 min

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Tim Ferriss explains how truly self-directed IRAs let you invest in almost any IRS-compliant asset, unlike custodians that restrict what you can hold. Most retirement accounts ban life insurance and hard-to-value items like wine and antiques. Only 4% of U.S. retirement accounts are actually self-directed.

Questions this video answers

About 4%.

Life insurance policies and hard-to-value collectibles (antiques, fine wine, old vehicles).

A lot of people might have an IRA or a 401k with a larger wirehouse custodian that they call a self direct product but really in those cases they're just allowing you to invest into asset classes that they vetted out. Most cases the open stock market of publicly traded assets. What a truly self directed account is and what a self direct administrator like Advanta brings to the table is the ability for you the client to invest into anything you see fit as long as it falls within IRS regulations which are very sweet and simple. You can't invest your IRA into a life insurance policy or anything the IRS would deem to be a hard to value collectible antiques, fine wine, old vehicles. So as long as it's not of those two asset classes you can hold it in your IRA or your 401k. You might have not known so and it's very common for people to not know so. Only about 4% of the retirement account industry in the US is self directed account.