landlord: Leading a sale with an IRA-fund Buyer
- 05/11/16 03:38 AM
I've been representing a buyer that is using their IRA to purchase an investment home. At first I thought, "How exciting! - tell me more!" and I have been learning more every step of the way.
First of all you have to set up your IRA as an entity with a company that manages "Self-Directed IRA's". There is a company called here in Colorado that helps you through everything. They are like the mutual fund company that currently holds your IRA. They report to you and to the IRS about your funds and make sure you stay within the government's guidlines of self-direction. If … (3 comments)
I've been representing a buyer that is using their IRA to purchase an investment home. At first I thought, "How exciting! - tell me more!" and I have been learning more every step of the way.
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