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I’ve never known anyone to own a property as an IRA holding. Is that possible??
by TedDoesntTalk 5y ago
I’ve never known anyone to own a property as an IRA holding. Is that possible??
- davio 5y agoPeople definitely own rental properties in self directed IRAs. You have to be completely hands off - must hire property management, can't fix anything, etc. I think you can get non-recourse mortgages, but it's more like 50% down instead of 20% like most non-owner occupied mortgages.
- loourr 5y agoAbsolutely. You can own almost all kinds of assets in your IRA today excluding collectibles.