Self-Directed IRA
How do you buy a house tax free using a self directed IRA? Please list the detailed steps. I only have $9000. in my roth IRA.
How do you buy a house tax free using a self directed IRA? Please list the detailed steps. I only have $9000. in my roth IRA.
Permalink Submitted by Alan Spross on Tue, 2012-06-26 03:02
Read the attached article with respect to the real estate paragraph, and particularly the issues with leveraged real estate. Of course, owning property you or related parties would personally use would not be possible with any amount, most rental real estate purchases are best done with full cash purchases.
http://www.journalofaccountancy.com/Issues/2000/Apr/TheDosAndDonTsOfIraI…
Permalink Submitted by Mat Ericsson on Thu, 2012-06-28 14:40
Ok alan-orinas.. Thanks for the link by the way.