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Updated over 8 years ago on . Most recent reply

Ray P.'s profile image
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Ray P.
  • Real Estate Professional
  • from Ellicott City, Maryland
  • Member since Jun 14, 2015
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Ray P.'s profile image
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Ray P.
  • Real Estate Professional
  • from Ellicott City, Maryland
  • Member since Jun 14, 2015
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Ray P.
  • Real Estate Professional
  • Ellicott City, MD
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Creative Real Estate Financing

IRA WITH $15,000

Ray P.
  • Real Estate Professional
  • Ellicott City, MD
Posted
If you had $15k in and Traditional IRA what would you do. Transfer it to a SDIRA? Get in to notes? Go into buy and hold? BRRR? Withdraw it and use it as a down payment? Leave it and invest in stocks?
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Percy N.
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  • from Philadelphia, PA
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Percy N.
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  • from Philadelphia, PA
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Percy N.
  • Developer
  • Philadelphia, PA
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Percy N.
  • Developer
  • Philadelphia, PA
Replied

Matthew Drouin your SDIRA CANNOT invest in real estate owned by you, as it would be a prohibited transaction.

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