Real estate IRAs with checkbook control gain clout
Setup helps consumers save on annual fees, acquisition costs
By Tom Kelly, Wednesday, February 20, 2008.Individual retirement accounts that feature self-directed real estate purchases have become more understood in recent years, and consumers now a have speedier avenue to time-sensitive investments.
Many providers of self-directed real estate IRAs now can set up a limited liability company (LLC) that allows consumers to write their own checks for property investments -- including foreclosures and recreational properties -- without waiting for a custodian to process paperwork or courier documents.
"The costs for setting up an IRA with checkbook control can be considerably more th more...
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