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Have Any Of You Heard About "Safe Harbour" Rather Than IRA?
I now own 2 investment homes and 3 lots in my IRA. Since losing nearly 3/4 of my stock investments, I wanted my money in real estate. Homes typically don't disappear like my stock money did! I thought I had chosen the best place for what's left of my meager retirement funds.
Today I received an email from a very kind individual that was answering a recent blog of mine. In the blog I had suggested that buyers might want to consider purchasing real estate with their IRAs. Many investors I have met don't even know you can do that, so I wanted to throw that out while there is still a sea of opportunity for real estate purchases in this strong buyer's market.
The kind person that answered my blog recommended that I check out an article by Andrew Waite of Personal Real Estate Investor. After reading the article, I believe that "Safe Harbour" may be better than my IRA for investing in real estate. I do remember hearing that term before. The article suggested several companies to contact, but I would like to hear some first hand experiences first. Will you help?
Would any of you be so kind as to help me with more information on Safe Harbour for real estate investing? As real ... more
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