827: Q&A: How Do You Handle Repairs in a Self-Directed IRA? - Episode 827

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.1 • 1.1K Ratings

🗓️ 22 March 2022

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you buy a rental property inside of a self-directed IRA, what payment method do you use to pay for repairs and other expenses? That's our first question on this episode of Q&A Monday! Today I'm answering three listener questions on various real estate topics.

Our first question is about paying for expenses and repairs within a self-directed account. We'll also talk about setting up an exit plan for expiring introductory interest rates, and financing options for getting started with your first rental. Don't miss this encore episode of Investing in Real Estate!

Transcript

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0:00.0	Hi everyone this is James Harkin and Anna Tashinsky two writers of the TV show
0:05.2	QI and two-fourths of the hit podcast no such thing as a fish.
0:09.2	We'd like to let you know that we've written a book it It is called everything to play for. The most
0:14.4	interesting things there are to know about the world of sports. It's for you
0:18.2	whether you like sports or not. Did you know that legendary cricketer Gary Sobers scored his final century while drunk?
0:25.7	Or that games of lacrosse used to involve 100,000 players.
0:31.7	Learn that and so much more by getting everything to play for, the QI Book of Sports, available
0:36.2	in all bookshops and online right now. Welcome to the investing in real estate show, the show where we help you become a
0:48.4	smarter real estate investor. I'm Clayton Morris, the founder of Morris Invest, a
0:52.1	full-service rental real estate company and I've
0:54.1	been a real estate investor for 15 years.
0:56.8	And we answer your questions on this show.
0:58.8	So it's great.
0:59.8	We have voicemails.
1:00.6	You get to leave us a voicemail. try to keep it like 30 seconds or less, and we answer
1:05.1	them right here on the show. That's what we do on this one. So what you can do, you can go to
1:09.3	Morris Invest.com slash Clayton is how you can leave a voicemail message
1:13.4	ask a real estate or finance related question taxes etc and we will attempt to
1:18.1	answer it on the show so we've got three great questions today from three great
1:22.2	listeners so without further ado let's get into it this is
1:25.2	Brian.
1:26.2	Hey Clayton I've got a question about self-directed IRAs where does the money come for maintenance and repairs and expenses?
	...

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