Buying Real Estate Notes With Your IRA

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Buying Real Estate Notes With Your IRA

One question we hear is, “Can I buy real estate notes with a self-directed IRA?” The answer is yes, if you have the right custodian. If you set up an IRA at a brokerage house, they only sell products they can make money on and they won’t let you buy real estate or real estate notes.

I know, when I first started, first thing I did was open another IRA at the broker that I have some assets under management. When I went to buy the notes, they would not let me. So I had to open another account at a custodian who can allow you to make the transactions.

And the best part of buying real estate in your IRA is the benefits for you, and your family. I am not giving any tax advice, so please consult your attorney or accountant before you do anything. As long as the account follows IRS rules, as prescribed in IRS Publication 590, a traditional IRA gets a tax deduction for any contributions made, and any withdrawals or distributions will be taxed in the future, so you are accumulating profits tax deferred.

A Roth IRA does the opposite; contributions are taxed when you make them, and when you withdraw the money in the future, there is no taxes on either the contributions or earnings, so tax free profits!

Bet you didn’t know that! My personal Roth is with Quest IRA, and I am not paid in any way for endorsing them. They are good people that will help you get set up quickly.

If you have any questions, please do not hesitate to contact me.




Christopher Winkler
Seller Finance Specialist
Silverwood Capital



By | 2017-04-25T10:09:14+00:00 April 24th, 2014|Categories: Buying Notes, Self-Directed IRA's|Tags: , , |Comments Off on Buying Real Estate Notes With Your IRA

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