Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply presented by

User Stats

134
Posts
57
Votes
Dylan Barnard
  • Rental Property Investor
  • Justin, TX
57
Votes |
134
Posts

Self Directed IRA Legal Question

Dylan Barnard
  • Rental Property Investor
  • Justin, TX
Posted

Hey BP, got a question.

Is there a way for my Roth IRA to purchase a property and then turn around and rent it out to myself? I know I can distribute for the down payment of a first time home purchase, but I would rather keep the tax benefits inside of the Roth if possible. Thanks!

Most Popular Reply

User Stats

17,853
Posts
6,247
Votes
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,247
Votes |
17,853
Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Dylan Barnard

Absolutely not! You are considered to be a "disqualified person" to your IRA and IRS rules prohibit you to receive any benefits from your IRA.

  • Dmitriy Fomichenko
  • (949) 228-9393
business profile image
Sense Financial Services LLC
4.9 stars
166 Reviews

Loading replies...