There’s a lot of different tips and tricks and strategies. Investing inside of your IRAs is just one of many tools that you can use to build your real estate portfolio. It’s a great way to get started in your early days because it is safer to invest in real estate inside of an IRA.
Because you weren’t coming out of pocket for from your living expenses to buy an investment property.
Here are the three ways you make money by using a Self-Directed-IRA to buy real estate.
If you buy a property here in 2019, you buy a $60,000 property like we just did, in Texas inside of a self-directed account. Every month that that tenant is paying you rent that’s flowing into that account. That’s tax free.
You never have to pay taxes on that money, but now you can’t touch it until retirement. Because it’s a Roth IRA. So you can’t touch it. But that’s fine every month. You ca n see that tenant is paying this money and the benefit of that account grows, and you don’t have to ever pay taxes on it.