Self-Directed IRAs to partially fund a deal

by a searcher from Texas Tech University

4 years ago

Has anyone used a self-directed IRA to invest in an acquisition? Would love any links, thoughts, or lessons the group has on this topic! 

10 likes
233 views
6 comments

intermediary from University of Illinois at Urbana-Champaign

We acquired a business in conjunction with an SBA loan and used a company called Guidant (www.guidantfinancial.com). They have been ethical and responsive to work with but it's very cumbersome to use them so I would suggest talking to a CPA or tax lawyer that is familiar with these types of transactions. I am considering another acquisition, again using IRA capital, and I hope to find a simpler way to do it.

4 years ago | like reply | 0 likes

lender from University of Missouri - Columbia

Jeremy, the process of using the funds to invest in the business is pretty easy to explain. The key I tell clients to focus on is the exit plan, You would want to speak with a CPA about the tax implicatons and where the money needs to go if you sell the business.

4 years ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Self Funded Acquisition: A few Things I Learned

What are market terms for Seller Notes?

Examples of self-funded searcher websites

Investor Looking for Self-Funded Searchers Seeking Equity

How to spot FAKE EBITDA, without spending a nickel on due diligence...

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.