Years ago, I asked a financial consultant if I could use my IRA to buy a building then have my business rent it out? He laughed and told me "No." He was right. That would be a prohibited transaction for my IRA. However, a better answer would have been. "Your IRA can buy a building and rent i
...
12/08/2006
Years ago, I asked a financial consultant if I could use my IRA to buy a building then have my business rent it out? He laughed and told me "No." He was right. That would be a prohibited transaction for my IRA. However, a better answer would have been. "Your IRA can buy a building and rent i
...
12/08/2006