Friday, June 02, 2006

Investment property can be put into a self-directed IRA

Q I recently changed jobs and would like to roll over my 401(k) (approximately $100,000) into a traditional IRA. How can I then use the funds as a down payment on an apartment building and hold that building as an asset in my IRA? I am 50 years old. I have heard this can be done.


No comments: