Originally Posted by thezone
I invested in one real estate development project with my after-tax money. The investment was made into the LLC that the project developer created. I own 100 shares of the LLC.
Due to personal situation, I need cash and the investment that I have in the LLC is not liquid.
Can I open a self-directed IRA and transfer/buy the LLC shares into it and get cash out?
Investing with a self-directed IRA isn?t much different than investing outside of an IRA. Self-directed IRAs are not for everyone. They are for people who want true diversity in their portfolio, who want to be in control of their financial future and they are for those who want to create wealth using their knowledge of investments outside of stocks, bonds, and CDs. I guess you need to contact a retirement plan admin for more info in detail.