The Self Directed IRA community has its own language.  Learning the definitions of Self Directed IRA terms will help you chart your path.  For example, what does it mean to buy real estate with your Self Directed IRA.  What advantages does having checkbook control of your Self Directed IRA have.

Administrator - An administrator is a financial institution that holds funds (custodial services) and provides reporting to the IRS.  They also act as a watch dog for IRA compliance.  These are quite often bank related corporations.  Why pay more when we can help you find the least expensive and flexible administrator today!

The use of administrators and custodians can be very confining and intrusive since they are actually responsible for your investment and they tow a tight rope.

Self directed IRA Advisor - Advisors come in many shapes and forms.  A true advisor has a team of experts that can help you create a portfolio, assure compliance and helps you define your strategy.

Attorney groups - There are just a few attorneys that understand the requirements to properly structure and implement an instrument so that it is compliant.  You can pay some very high prices and receive a comparable product.  Since we help many investors we can offer superior attorney services at a low cost. Consider this, would you like to hear "Here is how to do this" or "You can't do this".  Can you actually afford to pay your attorney to learn how to do this?

Custodian - A financial institutions that holds funds for client use.  They are required to follow IRS compliance directives.  Often an administrator and custodian are the same institution.

Checkbook control - The ability to write a check for any investment you desire within the IRS compliance directives.  There is often no reporting to the administrator.

Debt Instrument - A very common product that may be purchased with a self directed IRA.  These instruments can be very profitable and predictable with low risk factors.

- The attorneys that create the instruments should have intimate knowledge of the tax code.  Our affiliated attorney groups are the best in the business.

Facilitator - There is a difference between a facilitator and advisor.  Facilitator offer very little help in the design and selection of appropriate structure design and investment selection.  They can point but helping with the details are generally not there expertise.

Investment implementation - Determining risk tolerance and investment are key elements to an appropriate portfolio inventory.  For example, what elements affect and/or define a risk in a real estate investment.

Investment portfolio for self directed IRAs - An inventory of investments that are appropriately allocated for risk and return strategy.

Investment Strategy for self directed IRAs - The how, when and when of purchasing investments.

Investment Types - Examples, real estate, debt instruments or securities.  An advisor can help you determine what is best for you a facilitator can only point you in a direction.

Individual Retirement Arrangement (IRA) is the most basic sort of retirement arrangement. There are two types of IRAs.  Traditional and Roth IRAs.

LLC - Limited Liability Corporation.  A favorite instrument for checkbook control.  However, another instrument may be more effective.

LLC manager - A investment manager of the LLC.  Generally this is the IRA holder himself.  Although it can be a third party.

MyRealEstateIRA.com Advisor - One of several team key members that experts in their fields.

Non traditional investment products - Real estate, debt instruments, options or many others.

One-on-one training - The process of helping you the client understand the process and help you define your investment policy and strategy.

Real Estate in a self directed IRA - The purchase of real estate with an IRA, Roth IRA or any other qualified retirement instrument.

Roth IRA – A Roth IRA is also a personal savings plan but operates somewhat in reverse compared to a traditional IRA.  For instance, contributions to a Roth IRA are not tax deductible while contributions to a traditional IRA may be deductible.  However, while distributions (including earnings) from a traditional IRA may be included in income, the distributions (including earnings) from a Roth IRA are not included in income.  For both IRA types – traditional and Roth – earnings that remain in the account are not taxed. A Roth IRA can be established at the same types of financial institutions as a traditional IRA.  To learn more about IRAs click the link.

Self Directed IRA - An IRA in which the IRA holder/owner directs the investment purchase.

Third party - Defined as person or corporation that is not a prohibited party.  For example, a step son or daughter, brother, sister or uncle are not prohibited parties.

Traditional IRA – A traditional IRA is a personal savings plan that gives you tax advantages for saving for retirement.  Contributions to a traditional IRA may be tax deductible – either in whole or in part.  Also, the earnings on the amounts in your IRA are not taxed until they are distributed.  The portion of the contributions that was tax deductible also does not get taxed until distributed. A traditional IRA can be established at many different financial institutions, including banks, insurance companies and brokerage firms.  To learn more about IRAs click the link.