9 ms·
How can I put a Single Family House I buy in my Roth IRA?
by toephu2 5y ago
How can I put a Single Family House I buy in my Roth IRA?
- NonEUCitizen 5y agoI think you can have houses that are bought for investment (e.g. rented out to others) but not a house you live in. You need IRA custodians that allow alternative investments.
- HWR_14 5y agoYou create an LLC that you invest in, that LLC then buys the house. Pretty much anything but (a) collectables or (b) S-Corps can be owned by a Roth the same way. You cannot live in it, your family cannot live in it (for some level of closeness), nor can any of you even replace a broken window. But it's totally doable. You need a self directed Roth and paperwork done. You are allowed to do the paperwork yourself.