Buying Property with your IRA

By
Real Estate Agent with Coral Shores Realty

Did you know you could buy Real Estate with your IRA? Housing prices are low, and now is a great time to scoop up a great bargain that will return a regular monthly dividend, in the form of a rental check to your retirement portfolio.
If you don't have enough money in your IRA, you can buy a percentage of a property. For instance, if you and your spouse each have $100,000 in your IRA, you could each buy 50% of a $190,000 house and still have $10,000 to cover expenses.
Not only will the value of the property likely increase, you will also be increasing the value of your IRA with the monthly rental income. And if you are using a Roth IRA, it will be all tax free income when you retire.
Call me today to discuss this great opportunity to take advantage of the low housing prices.

Visit one of my websites at http://selldaytona.com/ or http://www.venetianbay.org/

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Comments (1)

Anonymous
John Lilly

Hi Bill,

Looks like you have a wonderful family..Congrads

 

I am presently living in the Shores, Admiralty Club one bedroom furnished.  nice place 1100 sq ft. $700 mo.

 

I lived in the Oceans One several years ago when my niece and her husband owned Daytona Plastics..I was there for three yrs.  wonderful place. 

I like the 2 br you have listed on the 12 floor for $1000.  If you could consider a lowere rent I would like to hear from you.. I pay 3 or 4 months in advance have perfect credit, x military 60 something in age dont drink or smoke and no pets.  I am employed as a deeding officer for a large resort and have a good income plus my military disability so if you can do any better we can talk.  My lease is up the last of Sept and my rental payments have all been well in advance.

 

Thank upu.

 

John

Jul 12, 2011 04:53 AM
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