Have a Tax Question? Ask a Tax Expert
Hi Bill, my name is***** am a CPA. I would be happy to help you with your questions.
There are a lot of rules that would need to be followed for the Self-Directed IRA.
If you are planning on investing in Real Estate, I believe that you would be better off investing personally or setting up an LLC.
One of the benefits of investing personally is taking advantage of the 1031 exchange rules. With 1031 exchanges you can effectively defer the gain from rental property.
Yes, In my opinion I believe that it is better to invest personally. Depending on your Adjusted gross income you would be able to take advantage of rental losses.
Please feel free to ask any questions. I am happy to discuss my opinion. I apologize I was not trying to be vague in my prior response.