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    0 Replies Latest reply on May 13, 2008 8:44 PM by MRFINANCE

    Can I use my IRA or 401-k to buy real estate?

    MRFINANCE Adventurer
      Many people are not aware of Self-directed IRAs or 401-ks that allow one to not only invest in Cds,mutualfunds, and stock and bonds but also REAL ESTATE! Yes it is legal and allowed by the IRS.

      But you must set it up properly.

      One company that is very popular in the Midwest (I am not affiliated with them) is Equity Trust. Check out their web site. Follow their rules and above all ...ALL TRANSACTIONS must go thru them. DON'T TOUCH THE MONEY or the IRS will tax it.