Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
SDIRA - How is real estate handled when I reach retirement age ?
Hello all:
If I have purchase real estate (a house) within my SDIRA (self Directed IRA), what happens when I retire?
Do i just take income from the IRA? Or have the IRA sell it and take the money from the IRA? If so, this would be taxable, correct?
I'm just trying to wrap my head around the tax implications o fall of this. As, one big advantage of real estate (when buying it outside an IRA) is the depreciation deduction and interest deduction, that can shelter cash flow from taxes.
But, this money that comes out of the IRA, when I retire, will be taxable, correct? So, how can I work this so that I am not hit hard with taxes, when I retire.