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Self Directed IRA into REI Corp?
Got off the phone with my investment advisor, i had emailed him about whether or not he knew how to invest in real estate with a self directed IRA. I hear about it relatively frequently, and have one person in my office that has a rental property held by her 401k/IRA.
Anyways, my question to him was (and he couldn't figure out the way to do it yet). Is
Could someone hold a Sub-S Corporation for the purpose of real estate transactions, purchasing and selling, renting and the like. And have the IRA/401k invest into that fund? I've got money in my personal IRA to invest in real estate, but it seems like all my personal capital goes out the window quickly, and i need atleast a little bit to get going.
If anyone could help, that'd be great :)