Invest with YFiRE
For USA - IRA Investors
Yes, it is possible to use your IRA to invest in real estate. This is done through a special vehicle called a self-directed IRA. Some information that might be pertinent is in Section 4975 of the IRS code. Some companies who handle self-directed IRA's for real estate investment are...
Specific information is available from them. Some questions for the above companies might be...
- Who holds title to the property?
- Is a subscription agreement required?
- Are there future contribution limits?
- Are you State chartered?
- What are the costs?
Also be sure to check Better Business Bureau records. A non-recourse lender might be desirable. One such is North American Savings Bank. Large down payments (up to 40%) could be required. Be sure to understand the tax implications of a self-directed IRA, including...
- Prohibited transactions
- Exposure to Unrelated Business Income Tax (UBIT)
- Exposure to Unrelated Debt-Financed Income Tax (UDFIT).
See IRS Publications 590 and 598.
To discuss this idea in more detail, or to find suitable investment properties, contact Your Friend in Real Estate.
* * * * * * *
click here for contact information
Your Friend in Real Estate, LLC
Arlington, Virginia, USA
* * * Copyright © David Rathgeber * * * All rights reserved. * * *