Michael, California

"I just wanted you to know that I am truly happy that I made the move to a self-directed IRA. As mentioned before, I did acquire a property at a trustee sale the day after my funds were received. I paid $156K and invested $6K in direct renovation expenses. I am in contract to resell the property at the end of this month for $199K. I am pleased to take money away from Wall Street and instead invest in Main Street and putting people to work with renovating, managing and selling the home. I find this fulfilling, knowing that I’m actually helping ‘real’ people within my own community. Thank you for your help in getting this established."

Tom, Arizona

In my particular scenario (one of the first boomers), I was faced with the dilemma of staying in a defined benefit plan and watching the purchase power of my fixed monthly disbursement erode or go with you and move to another vehicle which would preserve or enhance my funds. My immediate move was to establish a Canadian Bank account with US Bank and move 50% of the funds into that account. Yes I did it following your instructions. This has stopped the erosion from a declining dollar. Next up will be to place funds in secure areas for income and growth.

Rich, Virginia

"You guys done good. We are all set up and getting our new asset into the rental market. The work of your company and IRA Services all went like clockwork. We will certainly tell our friends about the opportunities you set up for us. Thanks a million!"

Tom, New York

I've been doing this kind of investing in real estate for about 30 years. I wish I'd known about self directed IRAs earlier on and I would have been trying to do one home inside my IRA and one home each year outside of my IRA. I typically make around $15K to $35K profit on a flipper transaction. Had I known about the self directed IRA and how I could have had access to my funds to control when and where I bought a piece of property, my net worth would definitely be much higher than it is now. Imagine getting that $20K, $25K or $30K profit, putting it all back into the IRA account and it's all tax tree!!! I'd like to thank you for the assistance I received from you in this endeavor. There is quite a lot of paperwork and your guidance through all of it was key to the success. I'm no so very excited to be getting ready to make this happen; my biggest problem now is finding that property that's just right for this process. Thanks again.

John, Washington

"You have all been great! I truly appreciate the patience you had with me, and all the questions you answered throughout the process. If I have any further questions I will call you, and I will definitely refer you to anyone I know that is in need of this work. You've done your job, now I need to do mine."

Mike, Arizona

"Truly Self Directed has exceeded my expectations throughout this process. It was a little intimidating setting up this whole LLC arrangement and transferring large amounts of money into accounts opened up by mail, e-mail, and voices you don't know over the phone. However, the TSD team were there every step of the way. The entire process can be defined as efficient, competent, and expeditiously executed. I would recommend Truly Self Directed without reservations. Thank you for being there TSD!"

Tom and Karen, New York

We took one of our Self Directed IRAs that we put together through you and bought a flipper for just $27K. Because it was such a great deal we had to act very quickly, and a regular self directed IRA probably wouldn't have worked. You'd have to ask the institution holding your IRA to "please" buy this property for me with MY money and in the time it would've taken to jump through their hoops, someone else would have jumped on this deal. With the "checkbook IRA", we were able to snap the property up before anyone else. We had all of the work done to the home in about 8 weeks and sold it quickly for $96K. I took just $6K down and am holding the mortgage at 8.5% and the payments go directly into my IRA LLC. We made about $35K profit on the deal plus the mortgage interest each month, and, IT'S ALL TAX FREE!!!!. Thanks for your help.

Brent, Texas

"The process was very straight forward and simple to implement. I will be retiring next year, and I will certainly be contacting you and forming another IRA LLC with a portion of my 401k. We appreciate the guidance we received from Truly Self Directed."


What Is a Self-Directed IRA All About?

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The Trillion-Dollar Secret
the financial industry elites
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The term self-directed IRA isn’t a technical term; it merely means that your IRA is directed by you instead of by someone else.  You may get conflicting answers through various institutions who say they offer self-directed IRAs, yet restrict you from investing your IRA in the way you want.  A “Truly” Self-Directed IRA (TSD IRA) is the term we use to say there are no in-house custodial restrictions and you have ultimate flexibility and checkbook IRA control without unnecessary restrictions imposed by your IRA custodian or trustee.

“The type of investments that may be held in an IRA is limited only with respect to insurance contracts, under 408(a)(3), and with respect to certain collectibles, under section 408(m)(1)”

~ IRS Field Service Advice, April 2001

Aside from life insurance, collectibles and 5 prohibited (self-dealing) transactions under section 4975, a truly self-directed IRA has no restrictions, allowing you and your retirement investments to evolve and grow in the ever changing world we live in.

What Exactly is a Self-Directed IRA LLC?

A self-directed IRA LLC is a modern hybrid between an Individual Retirement Account and a Limited Liability Company.  The combination between these two types of legal entities will give investors iron clad asset protection, tax free growth on investments and freedom to make and maintain investment decisions and directions at will.  The IRA LLC (TSD IRA) structure is by far the future of retirement investing!

The TSD IRA format has been vetted through the legal system, legitimized through case law, private letter rulings, IRS memorandums and has been openly practiced since before the Roth IRA was even an option.  Surprisingly however, the concept seems new to many investors because most retirement advisors have little incentive to research and inform you about this option.  We strive to give you better advice, service and ongoing support that helps put you in control because after all, very few people invest other people’s money as carefully as they do their own.

Real Estate IRA

Although you can use a TSD IRA for various investments, if you want real estate in your IRA portfolio the TSD IRA structure is an invaluable tool.  There are custodians who will allow their IRA participants to hold real estate without an IRA LLC; however, chances are you will be competing with other savvy investors who can move quickly.  A few benefits they will have over you are:

Flexibility:

With a TSD IRA your competitor will have the flexibility to move in and out of real estate deals before you can even make an offer through your self-directed IRA custodian.  A few angles your competitor may take are to loan money and secure it with real estate, acquire property at an auction, make partnership arrangements or negotiate with banks who are foreclosing on property.

Checkbook Control:

With a TSD IRA you have true checkbook control.  Checkbook control means that you don’t have to get approval for your investments.  You make the decisions, you sign the contract and you write the check.  When your competitor decides to take action the decision can be executed immediately.  Meanwhile it could take you a week to sign the contract and another week to write the check.  Being in this position will most likely leave you with the opportunities nobody wants.

Fees:

Most real estate IRA custodians will charge you fees based on what they are doing, this means there will be a fee for:

  •  Writing Checks
  • Registering Assets for your benefit
  • Liquidating Assets
  • Re-Registering Assets when they are sold
  • Holding Assets for your benefit
  • Wiring Funds
  • Expediting Documents
  • Delivering Documents
  • Looking at a document (research)
  • The list goes on…

With a TSD IRA you are making one investment and holding one asset; this can get the fees down to the bare minimum (usually $100-$200 a year).  Without these nickel-and-dime-fees your competition has more margin and some investment opportunities may be feasible to make.

Registration of Assets:

When dealing with Real Estate Investments it is standard practice to use a LLC to hold the property.  Sellers, buyers, realtors, banks, title companies, et al., are used to dealing with LLCs and the process goes smoother than without an LLC.  Without a TSD IRA, you will need to title the property under the custodian’s name for your benefit (i.e. XYZ Trust Company fbo John Doe). Imagine 30,000 investors all doing business under the same name! This could cause you problems from start to finish, including:

  • Losing properties to banks
  • Involved in an open law suit
  • Late on property taxes or insurance
  • Etc.

Imagine you as an investor go to a title insurance company, try to buy a tax deed or get a loan from a bank and get stonewalled until these other investors take care of their issues. These situations aren’t hypothetical. We’ve had clients who experienced them first-hand before they came to us.

Cash Flow:

Your competitor can manage cash flow much more effectively with their TSD IRA.  As rent comes in, it gets deposited into a bank account and redirected into other investments or expenses.  Without the TSD IRA you will need to have checks sent back to the custodian and incur nickel-and-dime fees when making other investments or paying expenses.

Give us a call and an Advisor can help you down the path of taking true control over your financial future!