Hello Everyone, we are excited about using our IRA to do real estate. Traditional IRAs are not paying much, but how about $4K in a short timeframe after paying closing costs? No investment will give you this return other than Real Estate!
We just received final HUD and closing schedule on our IRA flip with funds confirmed by Buyer. We bought this property in our IRA for $14K got it under contract in less than 30 days without any repairs for $19K. We used craigslist to market and found this great cash buyer!
Self Directed IRAs are tax free but you need to understand the rules and how to do it, so you can protect yourself from UBIT (Unrelated Business Tax Income).
Hello Everyone, we are excited about using our IRA to do real estate. Traditional IRAs are not paying much, but how about $4K in a short timeframe after paying closing costs? No investment will give you this return other than Real Estate!
We just received final HUD and closing schedule on our IRA flip with funds confirmed by Buyer. We bought this property in our IRA for $14K got it under contract in less than 30 days without any repairs for $19K. We used craigslist to market and found this great cash buyer!
Self Directed IRAs are tax free but you need to understand the rules and how to do it, so you can protect yourself from UBIT (Unrelated Business Tax Income).
Tom and Jeri
Tom and Jeri
www.TuCasaInvestors.com
www.TuCasaRealtyllc.com