How it works, in one minute
The six steps buyers work through with their custodian and advisors when an IRA purchases real estate.
The six steps, in writing
Start with the account
Determine with your plan administrator and IRA custodian whether your account is eligible for a rollover or transfer.
Talk with the right professionals
Speak with a qualified self-directed IRA custodian and consult your own tax and legal advisors.
Define your real estate goals
Income property, land, long-term rental, multifamily, hunting property, waterfront, or another property type.
Find and analyze the property
Rennie helps buyers locate and evaluate real estate: the property-level details that could affect value, income, risk, and usability.
Structure the purchase correctly
The custodian, title company, agent, attorney, lender, and other professionals coordinate the proper ownership and closing process.
Operate inside the IRA structure
Income and qualified expenses generally remain within the IRA structure, subject to custodian procedures and applicable tax rules.
Do not sign contracts personally, pay expenses personally, perform work yourself, or use the property before confirming the correct procedure with your custodian and professional advisors.
Ready to talk through your first step?
A short call is the easiest way to find out whether this path fits your goals.