The Checkbook IRA Can Expand Your Investment Strategy
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A checkbook IRA allows you to have checkbook control of your IRA retirement account.
If you’re a seasoned real estate investor, you know just how fast expenses can add up on a piece of property. A few trips to your local Lowes home improvement store, a number of calls to your contractor or a simple mistake made by an inexperienced handyman means you have to shell out money, money, money - right out of your pocket.
Now think about it for a moment, if you were required to get custodial approval every time you needed to cover an expense related to your investment. It can be time-consuming, expensive and downright irritating. This is no way to supervise what is perhaps the most important asset you have - your IRA account. After all, sometimes the best deals are found “on the spot.”
Checkbook control means practically being able to buy what you need when you need it and not when you can chase down your custodian for a signature. As you probably already know, sometimes the best investments are made before others learn about them. Without checkbook writing privileges, great investment opportunities could be missed.
How does a Checkbook IRA Expand Your Investment Options?
Having checkbook control means you get to manage your IRA retirement account to maximize your retirement investment. Checkbook control of your IRA gives you the ability to invest in practically any way you see fit. The following is a short list of what you can invest in with your Checkbook IRA: undeveloped land, tax liens, hard money loans, private notes, commercial real estate, discounted paper - the list is practically endless.
Checkbook control gives you the ultimate control over your retirement funds. Call Truly Self Directed IRA (TSD-IRA) to learn more at 877-339-4559.
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