PassivePockets: The Passive Real Estate Investing Show cover image

86. Understanding Self-Directed IRAs and How to Find the Right IRA Custodian with Juan Deshon of Quest Trust Company

PassivePockets: The Passive Real Estate Investing Show

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How Does a Self-Directed IRA Change Asset Classes?

At 59 and a half, that's when you can access your IRA money without paying the fees. At 72, not only are you of retirement age, but you're also required to take a minimum distribution on a yearly basis. So what happens now is if you find yourself in a situation where you have to take money out, whatever reason, butyou're in an illiquid asset, what do you do? You have no cash to take it out.

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