Investing IRA's (retirement Money) Into Real Estate
How can IRA's (401K's) be invested into real estate? I'm interested in purchasing a rental property with my IRA money & want to explore ways of doing this by controlling my own money. Is it possible to set up my own corporation, deposit my IRA's into the corporation & invest them in real estate? The corporation would obtain the mortgage loan in its name & all rental income would be collected by the corporation.
The book "Real Estate Loopholes" by Diane Kennedy, Garrett Sutton, & Robert T. Kiyosaki has a great section to explain it.
try looking for a TPA...third party administrator to answer that
like trust equity they have agood site
Here's a link to a compnay that allows self-directed IRA's. They have a lot of good reading information:
http://www.trustetc.com/links/realestate.html
Add this into the WebLinks area, please.
Quote:
On 2003-10-05 22:11, 64Ford wrote:
Here's a link to a compnay that allows self-directed IRA's. They have a lot of good reading information:
http://www.trustetc.com/links/realestate.html