IRA Funding

I read somewhere that your own personal IRA can purchase the home. Is this correct? If so, how does this work?

thanks for the help!

Why don’t you post this under Asset Protection so you can get some appropriate responses?

Da Wiz

Thanks! Will do!

I know there is a company that I have heard that helps people use their Self Directed IRA towards investing in RE.

I have no personal experience with this company, but hey, give it a shot. Let me know what you find out.

It’s referred to as a self-directed IRA. It’s possible but you can’t access any of the profits without the tax implications of making distributions from your IRA. In most cases that I’ve seen, it wasn’t worth it to me to pursue.