How to partner with your IRA to buy Real Estate
Wednesday, May 28
Question – Is it possible to “partner with my IRA” on a real estate investment? A common question that I receive surrounds the idea of partnering IRA funds with other individuals and/or entities. The answer to the question above does happen to be, yes, and is made possible by U.S. Departmen...
Can a Real Estate IRA benefit from a 1031 exchange?
Friday, May 23
Principal and earnings in an IRA can generally move tax free from one asset class to another, so a 1031, which allows you to defer any taxable gain on exchanges of like-kind assets (like real estate for real estate), is rarely needed. However, IRAs may have taxable income (and taxes) whe...
Can I be the property manager for my IRA-owned real estate?
Thursday, May 22
Self-directed investors commonly ask, “Can I act as the property manager for my IRA owned real estate?” The answer is yes, but there are several rules that must be followed in order to comply with IRS guidelines. 1. Do not handle the finances of your IRA owned real estate personally. ...
7 Best Practices in Real Estate IRA Investing
Wednesday, May 21
Best Practices for your Real Estate IRA Investments… For those with an affinity for real estate investing, IRAs are a potent vehicle indeed. Outside of a tax-advantaged account, such as an IRA, SEP IRA, or Individual 401(k), rental income is taxable every year, as you receive it, and pas...
Living in your IRA owned real estate: Isn't that prohibited?
Tuesday, May 20
“I have an Individual Retirement Account invested in Real Estate. Now how do I take that real estate to live in, when I’m retired?” That rental property has served your retirement plan well, not only appreciating in value over time, but most importantly providing regular monthly cash fl...