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Updated almost 5 years ago,

Henri Meli's profile image
Henri Meli's profile image
Henri Meli
  • Investor
  • from Morrisville, North Carolina
  • Member since Dec 29, 2012
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Henri Meli's profile image
Henri Meli's profile image
Henri Meli
  • Investor
  • from Morrisville, North Carolina
  • Member since Dec 29, 2012
Connect
Henri Meli
  • Investor
  • Morrisville, NC
672
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1,014
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Tax, SDIRAs & Cost Segregation

Using self directed IRA to purchase Land

Henri Meli
  • Investor
  • Morrisville, NC
Posted

Can I use funds from my self directed IRA to purchase a piece of land. I believe I can.

Can I build several homes (i.e a subdivision or apartments ) on that land and sell the homes? I'm not a builder, so someone else will be building it. Technically, I wouldn't be working on it myself. If I can't build on, what are things I can do on it?

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