No Money Down Real Estate Investing Course
Learn How To Buy Income Properties Without Risk, Good
Credit, Money Or Tenants!

Click here for more information
 
Welcome, Unregistered.
User Name
Password
Forum Links
Site Navigation
Real Estate Resources
Go Back   Real Estate Investing > Real Estate General > Real Estate Daily News
Reply
   
 
Thread Tools Search this Thread Display Modes
  #1  
Old 11-03-2005, 01:53 PM
elva
Guest
 
Posts: n/a
Lightbulb Use IRA to buy Real Estate

I'm thinking about using a portion of my IRA to buy land. I know I have to go through a custodian that allows you to do this within a self-directed IRA, and I could just keep the proceeds of a future sale of that land within that IRA. But I'm wondering what the tax repercussions would be if I wanted to keep the land and build on it for my own use in 10 years or so? How would this transaction be handled so that it would pass muster with Uncle Sam?

Does this one have an easy answer? It doesn't seem that there are any tax questions with easy answers.

http://www.bankrate.com/brm/itax/ta.../20051103a1.asp
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -8. The time now is 11:53 PM.


Powered by: vBulletin Version 3.0.8
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 2.4.0
Copyright 2001 - 2006, Buy Income Properties, Inc. All Rights Reserved. Privacy Policy in Observance.