McLaughlin & Quinn Attorneys at Law » PENSCO http://www.mclaughlinquinn.com/blog McLaughlin & Quinn, LLC is the leading law firm in Providence, RI and Boston, MA in the areas of tax planning, estate planning and elder law, IRS and State tax resolution, bankruptcy, financial workout, and asset protection. Mon, 23 Jan 2012 12:39:35 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Self-directed IRA Investment Tips http://www.mclaughlinquinn.com/blog/index.php/2009/09/17/self-directed-ira-investment-tips/ http://www.mclaughlinquinn.com/blog/index.php/2009/09/17/self-directed-ira-investment-tips/#comments Fri, 18 Sep 2009 01:02:56 +0000 Moore McLaughlin http://mclaughlinquinn.com/blog/?p=381 iraMore and more investors are learning about the value and power of investing in real estate and other non-traditional investments through self-directed IRAs.  Click here for much more information about self-directed IRAs.  In short, a self-directed IRA is like any other IRA except that the account is held by a custodian under an arrangement that allows investments in real estate, private mortgages and other types of alternative investments.  The only types of investments not allowed by law to any IRA, self-directed or otherwise, is life insurance, collectibles and S corporation stock.

The more I have been involved in guiding investors through the sometimes unforgiving rules of the self-directed IRA, the more I have learned about alternative investments and where my clients can find them.  The following is a list of websites where the owner of a self-directed IRA can locate notes, properties and other non-traditional investments for his or her self-directed IRA.  Note that I am merely providing these links as a service.  I do not recommend any particular sites and I certainly do not receive any sort of compensation from them.  I just want to pass along whatever useful information I can find.

If you know of other sites, provide them as a comment to this post.

Here we go:

Loanmarket.net

Bigbidder.com

Bidday.com

If you are interested in making private mortgage loans and are looking for a loan servicer, consider FCI Lender Services, Inc.

If you are looking for a custodian for your self-directed IRA, I highly recommend PENSCO.

If you want more information about self-directed IRAs, click here or contact me at 401-421-5115 x212 or by e-mail at mmclaughlin@mclaughlinquinn.com.

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