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Can I use my IRA to buy a house I plan to retire in? | Real Estate Investing | Equity Trust
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384 Views • Sep 1, 2023 • Click to toggle off description
To buy or not to buy? Is investing in a house you hope to retire in the right move? Want to have your question featured? Use #AskETC #shorts #realestateinvesting #IRA #retirement
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Views : 384
Genre: Education
Uploaded At Sep 1, 2023 ^^


warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
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User score: 100.00- Masterpiece Video

RYD date created : 2023-09-02T04:39:52.379057Z
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YouTube Comments - 6 Comments

Top Comments of this video!! :3

@doologiesaspireforgreatnes2666

1 year ago

Can the monies realized from a sale of a home in an IRA be put into a 1031 and repurchase a home and put back in an IRA, and not be charged as ordinary income?

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@williamspencer76

5 months ago

Can you explain the steps to live in that house as your retirement home? Am I able to sell it to the average Joe with a standard loan? Who is a qualified person to purchase my home in the IRA? Can it be a cousin and uncle, and inlaw? Can my business LLC buy it from the IRA?

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@dhammer6715

6 months ago

Isn’t up to $500k capital gains tax free when selling your home? All gains and contributions in an IRA are only tax deferred. Maybe it is smarter to cash out an IRA to buy a house? You have to live somewhere.

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@julielulu1757

4 months ago

they can rent the house …

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