A self-directed IRA is a type of retirement account that allows you to control and invest in a variety of alternative investments normally prohibited from regular IRAs. Normally you convert a traditional IRA or Roth IRA into a self-directed IRA account where a trustee or custodian from a specialized SDIRA firm will manage your account and transact for you.
Self-directed IRAs can be a powerful tool for savvy investors who have a strong financial foundation. You can invest in almost any alternative investment such as income-producing real estate, hard money loans, precious metals, limited partnerships, private placements, etc. We love this investment strategy and specifically moving it into value add or income-producing real estate. This type of diversification allows you to grow the value of your retirement funds, to grow tax-free and be independent for the volatility that the stock market has.
© 2023 Altus Investment Group. All rights reserved.