AboutJohn D Smith, CFP Expertise I can answer detailed questions regarding mutual fund investing, retirement planning, education planning and related financial planning/investment issues. I have a B.S. degree in Financial Planning & Counseling. I am also a Certified Financial Planner (CFP) and have performed fee only investment management and financial planning services for the past 11 years.
Expert: John D Smith, CFP Date: 7/19/2008 Subject: Self Directed IRA
Question Can I set up a self directed IRA and use the funds to make real estate loans? Money from the fund would be loaned short term and principle and interest would be returned to the fund.
Thank you,
Lee
Answer Hi. Investing in direct real estate through an IRA is allowable, but complex. Since this is too complicated to discuss in a forum such as this, I would search online for more information or discuss this with a qualified CPA. Sorry I could not be of further assistance.
