Lending with a SDIRA

[Tammy White]

Anyone here using a self-directed IRA to fund real estate deals or private loans? Would love to hear what your experience has been like — good, bad, or confusing.

[Brett Synicky]

@Susanita VanGood Depending on the bank, there may not be a minimum account balance so keep only whatever you need in the checking account to cover something quick. Otherwise, you can have another IRA at a brokerage life Vanguard to invest in public assets at the same time as alt assets with the self directed. And no limit to IRA to IRA transfers so you can pretty easily move money back and forth.

There is one brokerage that will allow an IRA owned LLC to open a non-custodial brokerage account and that is TastyTrade. This way instead of doing transfers between custodians you can simply ACH money from the checking account to TastyTrade and back anytime.

Make sense?