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Updated almost 4 years ago on . Most recent reply

User Stats

21
Posts
7
Votes
Michelle Oblena
  • California
7
Votes |
21
Posts

Any financing/rollover tricks using Roth IRA?

Michelle Oblena
  • California
Posted

hi everyone - i have some money through my 457b contributions, a portion of which are in a roth ira. if the math checks out on a property, i think i can do better investing my roth ira into real estate. it'd be great to hear from others who've found some loopholes with the least penalties or tax impact on such a strategy. my account does have a restriction wherein i'm unable to take out a loan against the plan for a property outside of california (my home state). my intent is to invest out of state. 

questions: has anyone ever rolled over their funds into an escrow, perhaps? other strategies? what were the tax implications of that? what are some questions i could ask my retirement account plan admins to make this work?

appreciate any insight!

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