There are $6 trillion trapped in IRAs because most people are underutilizing the funds that they have in their retirement accounts. Are you one of them? In this episode, let attorney and CEO of Directed IRA Mat Sorensen educate you on IRAs. Mat joins host Marco Santarelli and answers the top ten frequently asked questions about self-directed IRAs. Get through the confusion and jargon as they bring clarity and simplicity to understanding IRAs and how you can take advantage of it.

Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing.

Identify great tenants using SmartMove.  Visit www.TenantScreening.com and Save 25% using podcast code NORADA25. 

Try LandGlide FREE for a week by visiting www.LandGlide.com/PassiveInvesting
---
If you missed our last episode, be sure to listen to Market Spotlight: Atlanta, Georgia

Enjoy the show!

–  –  –  –  –  –  –  –  –  –  –  –  –  –

Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing.

Get your FREE coffee mug by leaving us a Rating and Review on iTunes.  Here's how.

See our available Turnkey Cash-Flow Rental Properties.

Please give us a RATING & REVIEW   (Thank you!)

SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed


Top 10 Frequently Asked Questions About Self-Directed IRAs
This is the time when a lot of people think about their retirement accounts, specifically their IRAs. With over $9 trillion out there in IRA accounts in the United States, this is a staggering amount of money. It makes IRAs one of the largest sections of investible cash in the world. What does this have to do with real estate? Contrary to popular belief, IRAs have always been able to invest in real estate and own real estate. They can own anything from single-family homes to a commercial real estate, to multiunit properties to apartments. You could even flip properties in an IRA. You can own LLCs or limited liability companies that own single-family homes or multifamily properties, even commercial real estate. In fact, they can even invest as a private lender in real estate, meaning that it becomes the bank, the lender, lending money on real estate deals to other people. There are many ways to make money from the capital you have within your retirement account.

At this point in the IRA, the real estate conversation usually goes like this, “Why have I never heard of this before?” The majority of providers out there, the IRA custodians, if you will have generally found that real estate is an administratively unfeasible asset class. It takes more work to handle and administer a real estate transaction than it does to just have publicly traded stock or a REIT. In other words, the brokerage or insurance firm who administers most IRAs simply restrict their IRAs to the stuff that they sell, like publicly traded stock or mutual funds or annuities. You've always been able to own real estate in an IRA, but there are few IRA custodians who allow it. As a result, it isn't as widely known as it should be. With increased awareness, IRAs will continue to own more and more real estate. It's an education in what you can and can't do with a self-directed IRA, how it works, how you set one up. Hopefully, we'll just refer to this as the top ten frequently asked questions about self-directed IRAs. Join me and my guest and we're going to explore this topic in greater detail.
---
It's my pleasure to welcome Mat Sorensen. He is an attorney and the CEO of Directed IRA. He is a bestselling author, a national speaker and expert on self-directed retirement accounts. He has been at the forefront of the self-directed IRA industry since 2006. He wrote the book, The Self Directed IRA Handbook, which is the most widely used book in the self-directed IRA industry. Mat, welcome.

Thanks so much for having me. I don't know what else people may want to know about me, but I do like to have long walks on the beach and hold hands.