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Updated about 15 years ago,
Self Directed IRA/Real Estate Investment
If I buy a second house using funds from an IRA I am not entitled to any personal usage of this property correct? Is there any way to purchase the property, receive the tax benefit of an IRA, but still utilize the real estate for some personal usage. For example buying the property with a SDIRA and leasing it to a family member at a 'reasonable' rate?