Why use an IRA?

[Chad Hovermale]

Hi, BiggerPockets Community!

I purchase buy and hold duplexes in Grand Rapids. We also have a drywall contracting business. We look for properties that we can improve by adding value using our construction trade contacts. We currently have a property under contract and have enough in a Roth IRA account with a custodian to pay 30% down. It isn't enough for a non-recourse loan through the IRA, and I'm considering taking out the money that we have made in contributions to put toward the property so that I can have my name on the deed instead of the IRA's. This allows me to make improvements and self-manage.

Given the tax benefits of owning real estate outside of a retirement account, are the restrictions of purchasing through a Roth IRA worth the tax benefits of a Roth IRA for buy&hold investors?

Chad