3 ms·
You can purchase real estate with a self directed IRA, not sure if it can be a Roth IRA, and probably not your primary residence, but I don't know the exact rul
by imgabe 5y ago
You can purchase real estate with a self directed IRA, not sure if it can be a Roth IRA, and probably not your primary residence, but I don't know the exact rules.
- nrmitchi 5y agoYou can purchase property with a Roth. It cannot be your primary residence. You have to be entirely hands-off with it. You are not allowed to manage the property, do repairs, etc. You are still not allowed to decree that the value of a house that you own is $10 and sell it in to your Roth in order to shelter it from taxes and get around contribution limits.