Hold Income-Producing Real Estate In An IRA?
It might be one of those “best kept secrets”, but it’s true, you CAN include real
estate investments in IRAs and gain the benefit of diversification plus the
deferral or elimination of taxes on annual investment income and gains from
sales.
What it takes is a “Self-Directed”
IRA (SDIRA) and meeting specific IRS requirements. The SDIRA can be traditional or Roth type,
but instead of being administered by a large investment firm or bank, you use
a specialized SDIRA custodian approved by the IRS. You can roll over funds from an existing IRA
when setting up an SDIRA.
Interested? Read more from Tierra Grande Journal of The Real Estate Center at Texas A&M University. January 2014
Then call me!
JIM AT THE TOP
Jim Pedicord
RE/MAX Top Realty
281-610-7847 Cell
713-558-2537 Direct
713-773-3700 x 2537 Office
713-773-3311 Fax
2911 S. Sam Houston Pkwy. E. Houston, TX 77047
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