874: 7 Rules of Using a Self-Directed IRA - Episode 874

When I first heard about investing with a self-directed IRA, I had a lot of questions. The self-directed IRA is rarely talked about and has a lot of rules. This can be intimidating for new investors, but if you're the kind of person who takes initiative and wants to be empowered in your wealth building, this investing vehicle is a powerful way to build wealth.On this episode of Investing in Real Estate, we're going to cover some of the main rules of using a self-directed account. Because a self-directed IRA is retirement account, the IRS has some strict rules you have to follow to maintain the tax-free status of the account. Press play to hear seven rules of using a self-directed IRA!