Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Real Estate in your IRA
Old 09-11-2007, 10:31 AM   #1
Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,304
Real Estate in your IRA

I saw an ad (don't know who, and I tossed the newspaper) about buying and holding real estate within your IRA. Does anyone know if this is advisable and easy to do? It sounds too good to be true.

Life is GREAT!
megacorp-firee is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-11-2007, 10:51 AM   #2
Thinks s/he gets paid by the post
retire@40's Avatar
Join Date: Feb 2004
Posts: 2,669
You can do it and it may work very well in some cases, but generally, it's not advisable. If you are going to do it, make sure you know all the pros and cons of what you are getting into.

This topic has been discussed here a while ago, so if you do a search you will find some of those pros and cons.

No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
retire@40 is offline   Reply With Quote
Old 09-11-2007, 02:59 PM   #3
Thinks s/he gets paid by the post
tryan's Avatar
Join Date: Mar 2005
Posts: 2,447
yeah, also heard you can own real estate in 401ks to; but managing the expenses and profits can make it a real head-ache.
FIRE'd since 2005
tryan is offline   Reply With Quote
Old 09-11-2007, 04:44 PM   #4
Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 1,304
I found an earlier post on this. Thanks. I thought I could have purchased a house to live in and fund it via IRA. Now I know that is NOT allowed.

... shoulda known that if there is a benefit to us versus govt. and their taxes, we will not be allowed to do so.
Life is GREAT!
megacorp-firee is offline   Reply With Quote
Old 09-11-2007, 07:13 PM   #5
Dryer sheet aficionado
Join Date: Aug 2007
Location: san francisco
Posts: 46
Residential isn't slated to recover until 2009 according to analysts after Moody's posted its last report on homebuilding. Just a consideration. In my opinion, there are still some deals in commercial, but they are few and far between in the states because of the high amount of capital out there chasing deals. Look into REITS and other funds that invest abroad. Canada has been hot for the past year or so. I'm sure there are some developing market plays as well out there where you could make a killing.
CourtneyC is offline   Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fun with real estate brewer12345 FIRE and Money 8 07-06-2007 07:03 AM
Real Estate Agent in Down Real Estate Market TromboneAl Other topics 4 06-09-2007 10:20 AM
The real estate bubble is over cute fuzzy bunny FIRE and Money 43 05-16-2006 03:55 PM
Real Estate mangodance FIRE and Money 12 06-27-2005 08:36 AM
Real Estate and RTM wabmester FIRE and Money 1 07-27-2004 07:40 AM


All times are GMT -6. The time now is 01:36 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.