I'm considering a Self-Directed IRA for Real Estate Investment

[Joe Hermanson]

I'm considering to start a self directed IRA to invest in Real Estate and I'm wondering if it's worth it? I'm curious if anyone out there has used them and has an opinion on whether or not it's worth the effort. Also any tips anyone would have would be nice to know. Thanks

[Peter Halliday]

I certainly do better in mine than I could do without it.  I use it for investments that are various loans.  one is a hard money lender, and the second is a reperforming note fund.  I've looked into using it for private placements for property.  Some people do that.  However, I don't chose to, because the impact of UBIT and UDFI is a bit complicated enough I'd rather stay out of that.  Look those up and look into them.  However, most people that I know personally that have self-directed IRAs use them for loaning out to other investors.