Is it possible to use a SEP retirement plan to invest as a limited partner in multifamily properties?
First, please don't forget to like and subscribe for more content just like this video. Yes, it is possible to invest in multifamily real estate as a limited partner using a SEP (Simplified Employee Pension) retirement plan. A SEP retirement plan is an employer-sponsored retirement plan that allows for tax-deferred investment growth. To use your SEP retirement plan to invest in multifamily real estate, you'll need to follow specific steps and meet certain requirements. Self-Directed SEP IRA: First, you'll need to set up a self-directed SEP IRA account. This type of account enables you to invest in alternative assets such as real estate, including multifamily properties. Traditional SEP IRA accounts typically only allow investment in stocks, bonds, and mutual funds. Custodian: Next, you'll need to find a custodian who specializes in self-directed SEP IRA accounts. A custodian is a financial institution that holds and manages your retirement account . I