Self-Directed IRAs to partially fund a deal

by a searcher from Texas Tech University

5 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
240 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.

5 years ago | like reply | 0 likes

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