Episode 28: How to Invest Using a Self-Directed IRA with Kaaren Hall

Episode 28: How to Invest Using a Self-Directed IRA with Kaaren Hall
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You want to maximize your retirement fund and have heard about self-directed IRA, but how do you get started?  First things first, a self-directed IRA is a variation on a traditional or Roth IRA where you can hold alternative investments, including real estate, other businesses, and even precious metals that regular IRAs can’t own. In general,  self-directed IRAs are available only through specialized firms that offer self-directed IRA custody services. In today’s episode, we will discuss how to open a self-directed IRA with the guidance of Kaaren Hall, CEO of uDirect IRA Services, LLC.

Kaaren discovered a strategic way to put her 20+ years in mortgage banking, real estate, and property management to use. The solution was an untapped market for both her skills and for investors – self-directed IRAs. Through uDirect IRA, she has guided tens of thousands of Americans through the process of diversifying their investments using self-directed IRAs. Stay tuned and learn more about investing in alternative assets to grow your retirement account.

“It does not have to be complicated. The process is open, fund, invest.”

– Kaaren Hall

In This Episode:

– How do you transition from traditional and ROTH IRA to self-directed IRA

– Investing in alternative assets

– What is a non-recourse loan

– Prohibited transactions and disqualified persons per IRC 4975

– How can you cover a shortfall and other expenses

–  The Due Diligence of knowing who you’re investing in 

– Why you need an exit strategy

– Asset classifications

– The different IRA worlds

Resources:

IRS Publications

IRC 4975 on Prohibited Transactions

Bigger Pockets Real Estate Investment Tool 

Connect with Kaaren Hall and her company:

Website

Facebook

Instagram

Twitter

Linkedin

YouTube

Connect with Sharran:

Website

LinkedIn

Facebook

Instagram

Twitter

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