How I used my IRA to Buy THIS Rental Property
12.7K views8 months ago8m 33sScore: 75
Mat Sorensen - Wealth Lawyer & Entrepreneur
Summary
This video explains how to use a self-directed IRA (SDIRA) to invest in real estate, highlighting the IRA LLC structure for holding assets. The presenter shares a personal example of purchasing a rental property for $85,000 and selling it for $183,000, resulting in a tax-free gain of approximately $100,000. The process involves opening an SDIRA, transferring funds, establishing an IRA LLC, and using the LLC to purchase and manage the property, allowing retirement funds to grow tax-free.
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