Using an IRA to purchase a home is a great alternative to conventional investments, however you cannot personally use the property or make improvements to it if it remains in your retirement account. There are numerous self directed IRA holding companies who specialize in distributing funds and paying bills associated with your real estate, as you cannot directly do so. I've e found the best source for information is through these different holding firms as it is not an oft used strategy and most accountants are not well versed in this technique. That said make sure you accountant is part of the conversation before you pull the trigger.... more
Why rent make a landlord richer? Lease amounts can change over next 40 years vs. locked in rate for a mortgage with increase in value... I would purchase than lease any time. Besides you receive annual tax benefits.
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