How I used my retirement account to invest in real-estate

Scott Maurer with Advanta IRA

🤔 Did you know a retirement account can be used for investing in real-estate and not just the stock market?

I recently invested in an apartment complex using a Self-Directed IRA with Scott Maurer from Advanta IRA. It’s been a fantastic way to diversify my investments and add real estate to my retirement strategy. 🏢✨

What I love about Advanta IRA. They charge a flat fee. As a doctor working in California I have arranged my business so I am a 1099 employee because I enjoy managing my own investments and have found diversification is key! 🚀

I recently interviewed Scott, so I could bring some valuable knowledge to our LinkedIn family.

A few things I’ve learned about this method of investment:

·      You need a specialized IRA custodian (not your typical brokerage) to make these investments possible.

·      All returns and profits go directly back into your IRA, helping your retirement grow in a tax-advantageous way, thus keeping the tax benefits that come with an IRA.

·      It can take up to a few weeks to get your capital transferred or rolled over. You can proactively fund your self-directed IRA even if you have not identified your real estate investment.

With a Self-Directed IRA, we get to take the reins and explore investment options that aren’t usually available through traditional retirement accounts.

#SelfDirectedIRA #WomenWhoInvesting #StrategicRetirementPlanning #FinancialFreedom#DiversificationQueen