MVrays08ParticipantStatus: PhysicianPosts: 19Joined: 02/13/2019
Considering investing in a syndication deal using a self-directed IRA. Has anyone done this? I understand there may be tax implications, but it may be the best way to access this particular deal from a funding allocation perspective.April 9, 2019 at 11:52 am MST #205300Dont_know_mindParticipantStatus: PhysicianPosts: 989Joined: 11/21/2017
Have bought direct property in a self directed IRA.
Accounting costs are more. Compliance issues more complicated. Hopefully it will be more tax efficient.
Have never bought a syndication deal. Maybe someone has it in an IRA structure and can comment. Maybe I am wrong, but it seems to me it would not be worthwhile having less than 400k in the self directed IRA due to the extra expenses (for direct property at least).April 10, 2019 at 5:51 am MST #205419The White Coat InvestorKeymasterStatus: PhysicianPosts: 4612Joined: 05/13/2011
I wouldn’t go through the hassle for equity. But for a debt fund where it is easy to reinvest proceeds/dividends, I think it’s a good idea.
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Helping Those Who Wear The White Coat Get A "Fair Shake" on Wall Street since 2011April 10, 2019 at 9:56 am MST #205490