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Professionals

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Stand out from the competition by offering your audience a way to diversify their portfolios.

Learning Center

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Access the largest knowledge base for Self-Directed IRAs. Expand your investor knowledge with articles, whitepapers, practical guides and tons of other educational resources.

About Entrust

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For 40 years, The Entrust Group has provided account administration services for self-directed retirement and tax-advantaged plans. Entrust can assist you in purchasing alternative investments with your retirement funds, and administer the buying and selling of assets that are typically unavailable through banks and brokerage firms.

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Managing the real estate properties you purchase with your SDIRA (Self-directed IRA) has two major facets:

  1. Handling income and expenses
  2. Actual property management

Once your SDIRA purchases real estate, you can begin making decisions such as choosing tenants, contractors, or individuals to maintain the property as well as understanding how the cash will flow in and out of the SDIRA.

Income and Expenses

All income and capital used to pay for expenses related to your investment must flow through the SDIRA to avoid prohibited transactions. You can pay for expenses by keeping cash available in your account, making a contribution, or liquidating assets.

Ways to manage your income and expenses

Do it yourself

Coordinate payments and deposits directly with your custodian, which means you’ll have to ask your custodian to cut checks and/or send ACHs and wires to pay for expenses.

Hire a property manager (optional)

Have your investment managed for you by a professional.

Establish a limited liability company (optional)

Establish a limited liability company ( LLC) to gain checkbook control and access to faster transactions, liability protection, and fewer fees.

Property Management

You are not required to hire a property manager, but it’s often recommended. As the SDIRA holder, you must stay at arm’s length from your investments to avoid entering into any prohibited transactions.

Property managers can help you

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choose tenants

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choose
employ contractors

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collect rent

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maintain
the property

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and consolidate
expenses.

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Hiring a property manager can be particularly beneficial for investors who used partnering to make their investment.

It’s important to conduct thorough due diligence before selecting a property manager. Property managers who are familiar with SDIRAs will know what actions are permissible by investment holders, how to file paperwork appropriately, and can help to keep the investment compliant. Most states require property managers to hold a real estate broker’s license or property management license.

  • Check your state real estate commission’s website to see if the license is active and if any complaints have been filed against the license holder.
  • If you choose to hire a property manager, a property management agreement will be made in the name of the IRA and be signed by Entrust for the benefit of your IRA. The signature on the agreement will appear similar to the following:
    “The Entrust Group, Inc., FBO Your Name’s IRA Account #1234.”
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