Investing your Retirement Funds in Virgin Islands Real Estate

A self directed IRA is a trust that lets you take control over the investing of your own retirement funds rather than leaving it in the hands of an IRA custodian that may be concerned with directing your funds towards their own investments rather than getting the best return possible for you. But what you may not know is that you are able to invest in REAL ESTATE via a self directed IRA.

Now, this is more complicated than it may sound, as there are specific rules involved in such an investment, including but not limited to:

• All income and expenses must go through the IRA itself
• The purchase cannot be for a residential home or anything that you get personal benefit from (strictly investment purposes)
• Investor must hold sufficient funds in the IRA to cover all expenses of investment: taxes, insurance, management, maintenance, etc…
• Purchase may be in partnership with other investors so long as other rules are followed
• Investments must be made by a self-directed IRA custodian, though the decisions are made by the holder of the IRA account

But for those that are not excited about investing in the stock market or can't make enough income from low interest rates, investments in Real Estate can be an excellent alternative to the typical IRA. It is definitely something worth exploring. And no better place than St. Thomas, Virgin Islands, for a solid real estate investment.