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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Here's the place! If you don't want to carry a taser, don't want traffic and to be peaceful living in a place with 11 people per square mile with fewer but friendlier people, welcome to Maine. Maine..4th lowest crime state!... more
Currrently I don't have any single family homes in that area, but if you would like to send me an email with your min requirements, # bedrooms, ect, I would be happy to let you know if something becomes available. Have a great weekend.
Five Star Realty 207 939-6971 cell... more
Camden schools are excellent. The high school encompases five towns: Appleton Linconville, Camden, Rockport, & Hope. The elementary & MS are in one or two town district. My 10yrold is in Camden Rockport middle school and he loves his teachers and going to school. I have been impressed with the quality of his education so far (we moved here 3 years ago.)... more