Comments on: Can You Use Your IRA to Invest in Real Estate? http://www.figuide.com/can-you-use-your-ira-to-invest-in-real-estate.html FiGuide's free daily tips provides short, actionable strategies to help you achieve a successful, worry-free retirement. Fri, 10 Feb 2012 19:56:01 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Real Estate In California http://www.figuide.com/can-you-use-your-ira-to-invest-in-real-estate.html#comment-4635 Real Estate In California Fri, 09 Dec 2011 21:44:49 +0000 http://financialducksinarow.com/?p=2266#comment-4635 I will right away take hold of your rss as I can not find your email subscription hyperlink or e-newsletter service. Do you have any? Kindly allow me know so that I could subscribe. Thanks. I will right away take hold of your rss as I can not find your email subscription hyperlink or e-newsletter service. Do you have any? Kindly allow me know so that I could subscribe. Thanks.

]]> By: Jim Blankenship, CFP®, EA http://www.figuide.com/can-you-use-your-ira-to-invest-in-real-estate.html#comment-4456 Jim Blankenship, CFP®, EA Sat, 08 Oct 2011 16:58:52 +0000 http://financialducksinarow.com/?p=2266#comment-4456 Garth - One of the restrictions on IRA investments is that you cannot benefit directly from an investment that the IRA has made. Since a mortgage is an investment (to the lender, the IRA in your question) and the property is owned by you personally, then the investment is directly benefiting you. I would not recommend this sort of transaction as it is almost certain to be disqualified and will make your IRA immediately taxable as of the date of the transaction. Hope this helps - jb Garth -

One of the restrictions on IRA investments is that you cannot benefit directly from an investment that the IRA has made. Since a mortgage is an investment (to the lender, the IRA in your question) and the property is owned by you personally, then the investment is directly benefiting you. I would not recommend this sort of transaction as it is almost certain to be disqualified and will make your IRA immediately taxable as of the date of the transaction.

Hope this helps -

jb

]]> By: Garth http://www.figuide.com/can-you-use-your-ira-to-invest-in-real-estate.html#comment-4450 Garth Thu, 06 Oct 2011 14:56:30 +0000 http://financialducksinarow.com/?p=2266#comment-4450 Can my IRA own the mortgage on property I already own. I have two 4-plexes which are worth about $600,000 each I have about a $200,000 morgage on both of them. Instead of using a mortgage company can I withdray the money from ratitional IRA accounts and use the money to mortgage thre property to myself? Can my IRA own the mortgage on property I already own.
I have two 4-plexes which are worth about $600,000 each
I have about a $200,000 morgage on both of them.
Instead of using a mortgage company can I withdray the money from ratitional IRA accounts and use the money to mortgage thre property to myself?

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