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 consider for a moment the thought of having to get approval from your IRA custodian every time you needed to pay an expense related to your investment. It can be time-consuming, expensive and downright annoying, especially if you are up against a deadline. This is no way to handle what is arguably the most important asset you have or is it? After all, sometimes the best opportunities are found “on the spot.”

Checkbook control means being able to buy supplies when you need them, not only after you have caught up with your custodian for an approval and a signature. As you probably already aware, some of the best investment opportunities are made light years before others find out about them. Without checkbook writing privileges, great investment opportunities could be lost forever. This issue alone could cost you potentially thousand of dollars.

How Checkbook Control Expands 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.

Tags: retirement investing