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Buy Real Estate yourself in your IRA or 401k

You have the ability to find, buy, sell or rent private or commercial real estate in your IRA’s.

It may be South Windsor, Hartford, West Hartford, Ellington or even Long island, but today’s real estate market some may say it’s a great time, good time or bad time to buy real estate. But most of the people I’ve asked; if you had $500,000 in cash do you think you could make money in 5 years if you could buy anywhere in the US commercial or residential real estate market. They all say yes. Either thought rental income or organic growth. 

The problem is most of their investable assets are in their 401k or IRA’s which are not liquid and have tax ramifications should they liquidate those accounts, known as (Qualified accounts). According to analysts, we may not be at the bottom of housing prices and they still may go lower from here but the potential income from the rentals may make it worth while for the right investors based on their specific situations.

Over the last 20++ year’s, according to the Wall Street Journal, investors have been taking advantage of buying and selling real-estate and some have lost in doing that as well. But many people don’t know how to buy individual real estate properties in their IRA accounts.

It may be more affordable now based on the current market correction and the rates are even better.

You have the ability to find, buy, sell or rent private or commercial real estate in your IRA’s.

Ever hear the term "Cash is king?" Well in today’s market, analysts suggest that banks may want to release their inventory of foreclosed real estate and cash buyers seem to have the edge. They have been able to buy at or below the asking price in some cases, potentially increasing their returns.

As a cash buyer you most likely would have no rush to sell, you can rent the property until the time is right for you; or rent it until you retire and have it as a potential income generator. So even if this isn’t the market bottom in real estate if you have the time horizon, you may be be able to hold the property longer until the real estate market improves. www.mundofs.com

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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