The Real Estate Syndication Show

WS1641: Using Your IRA to Invest Internationally (PART 3) | Evie Brooks

Whitney Sewell Episode 1641

In this episode of "The (Daily) Real Estate Syndication Show," host Whitney Sewell welcomes back Evie Brooks to discuss the topic of investing internationally using your IRA. Evie shares that it's a simple process to invest internationally, but it requires having a self-directed IRA and an LLC. She recommends working with a specialized division within companies such as Midland, Equity Trust, or SunTrust to navigate the guidelines and restrictions regarding IRAs. They also discuss the different types of international investments available and the tax implications of using your IRA for investments. This episode provides valuable insights for those interested in diversifying their investment portfolio through international real estate investments.

Key Points from this Episode:

  • It's possible to invest internationally using your IRA.
  • A self-directed IRA is required for international investing.
  • An LLC is needed for the IRA to invest internationally.
  • International investments can be various types, including single-family residence, multifamily, condominiums, cultural, etc.
  • Personal use of the IRA is not allowed, or penalties and taxes will apply.
  • Tax implications vary depending on the individual and case-by-case basis.

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