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Updated about 10 years ago on . Most recent reply

User Stats

32
Posts
30
Votes
Chad Hovermale
  • Real Estate Professional
  • Grand Rapids, MI
30
Votes |
32
Posts

Lease Options and IRAs

Chad Hovermale
  • Real Estate Professional
  • Grand Rapids, MI
Posted

For all of the IRA experts.

In your opinion, if I purchase an option to buy a property with funds from my IRA and manage the property during the option period inside of the IRA, would I be prohibited from purchasing the property at the end of the option period with personal funds or a mortgage with my name on the deed?

Chad

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