What Your IRA Cannot Do in Owning Real Estate
* Buy real estate from family, IRA trustees or custodians, an entity owned by 50% of any combination of the two, or a 10% owner
of such an entity.
* Buy real estate that would benefit you and the IRA in the same transaction.
* Buy real estate and then have family, trustees or corporate principals reside there.
The potential is enormous when it comes to what your IRA can buy. Your IRA can buy raw land, commercial property, residential (e.g., rental) property, real estate options, as well as extend loans (e.g., first and second mortgages), secured by real estate with your IRA, to unrelated parties.The exciting news is that you are not limited to buying properties for full cash in your IRA. You can, in essence, leverage your money with us as we are administrators who pool pockets of IRA money from many investors. This allows us to achieve a much higher Return on Investment (ROI) and leverages our buying power.