Did you know that you can invest in real estate using funds from your retirement accounts?
Although many are not aware of this option, a great variety of real estate holdings can be purchased in a retirement account, ranging from a single family residence to an interest in a large commercial property. Given the attractive real estate opportunities currently available and the uncertainties in the stock market, this is something you may want to consider. Investment property is a much more tangible and controllable asset than mutual funds, stocks or bonds. Investors may wish to use retirement funds to purchase real estate to diversify their holdings. Also, some investors may not currently have enough funds outside of their retirement accounts to move forward with an exciting opportunity, but by using their retirement funds, they are able to do so. Investing in real estate in retirement accounts is certainly not for everyone, and certain rules must be followed to avoid adverse tax consequences. Be sure to get professional advice if you are considering this avenue, and feel free to reach out to Roberta for more information.