Buying Real Estate in Your IRA: Good Idea, or Bad?- Season 6: Episode 5

Maybe you’ve noticed that real estate prices have been soaring over the past year or so. And with the stock market gains we’ve experienced over that same period of time, you may have also seen a similar increase in the balances of your existing IRAs.

This has caused some people to wonder: if I want to buy real estate now, but I’ve only got my IRA funds available to do so, is it a good idea to buy real estate in my IRA, since that’s where my money is?

In this week’s episode of Managing Your Financial Future, host Johnny Dean and his guest, “Professor” Rick Plum, CFP® discuss the benefits of owning real estate personally versus in an IRA, and how you may be able to use those funds without the headache and hassle of having your IRA own it.  Tune in and find out more!

Important Information:

The information provided should not be considered specific tax, legal, or investment advice and is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal. This material was gathered from sources believed to be reliable, however, its accuracy cannot be guaranteed.

No client or prospective client should assume that the presentation (or any component thereof) serves as the receipt of, or a substitute for, personalized advice from Lucia Capital Group or from any other investment professional.

IRA withdrawals will be taxed at ordinary income rates. Withdrawals prior to age 59½ may also be subject to a 10% penalty tax.

Rick Plum is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial.

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