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Tax, SDIRAs & Cost Segregation

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Renata McCulloch
  • District court clerk
  • Kent, WA
13
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54
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Investing with Groundfloor using my SDIRA

Renata McCulloch
  • District court clerk
  • Kent, WA
Posted Jun 27 2017, 06:59

I have been looking at the company Groundfloor as a way to start investing in real estate.  They are a hard money lender with investors who can put in as little as $100.00.  I plan on investing more.  I also have a SDIRA set up with another company (QuestIRA).  I know Groundfloor also allows one to set up a SDIRA with them.  I would like to keep my money with Quest for now.  Is there a way to set up an account with Groundfloor and use my SDIRA funds without changing custodians?  Looking to know the legal implications and the tax implications this could have. Thank you in advance!

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