Buy Real Estate with your IRA
Using self-directed IRAs to invest in Real Estate is in my opinion the best way to invest in RE and pay the least amount of taxes.
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Years ago, I asked a financial consultant if I could use my IRA to buy a building then have my business rent it out? He laughed and told me "No." He was right. That would be a prohibited transaction for my IRA. However, a better answer would have been. "Your IRA can buy a building and rent i...
12/08/2006
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Years ago, I asked a financial consultant if I could use my IRA to buy a building then have my business rent it out? He laughed and told me "No." He was right. That would be a prohibited transaction for my IRA. However, a better answer would have been. "Your IRA can buy a building and rent i...
12/08/2006
Rainer
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Floyd Beck
Broker/Owner
Using self-directed IRAs to invest in Real Estate is in my opinion the best way to invest in RE and pay the least amount of taxes.