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Funding Real Estate Investments With An IRA

Sunday, November 10, 2019 0:33

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by Diana Hill, Online Trading Academy

Online Trading Academy Article of the Week

When I started real estate investing, one of the first hurdles I needed to jump was startup capital. I saved a bit of cash and partnered with a couple of private lenders in my sphere of influence, but in addition, I also was able to use an old 401K by moving the funds into a Self-Directed IRA. This was a prudent move for me, which I learned by having some in-depth discussions with my team members, especially my tax professional, accountant and attorney. All situations are different, so before moving forward, investors should make sure to discuss options thoroughly with their team members.

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