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IRA owning real estate (1 viewing) (1) Guest
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TOPIC: IRA owning real estate
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Miami LS (User)
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IRA owning real estate 6 Years, 11 Months ago Karma: 0  
Has anyone ever setup their deferred comp to own assets ether than securities. E.g. Real estate or business interests
 
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#7483
tbm1231 (User)
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Re:IRA owning real estate 6 Years, 11 Months ago Karma: 0  
IRAs can own assets other than securities. However, the IRA custodian will need to manage the investment property. So, if the IRA custodian purchases a rental, then your IRA will need to pay the custodian and management fees. Unless the IRA has over $1 million of investable assets, its highly unlikely that your IRA will generate enough return to justify the fees.
 
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