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Author: JAFO31 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75825  
Subject: Re: Beginning Retirement Investing Date: 2/26/2013 8:53 PM
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2Bprepared: "Where could I go about finding out how to put real-estate into a ROTH?"

Contributions can only be in the form of cash, so you cannot put real estate directly into your IRA. Funds from a self-directed IRA can be used to purchase real estate, but there are a host of limitations and potential for significant tax expenses and penalties.

Google will be your friend, but from my notes (and I am not vouching for any of hte foregoing):

http://www.utsandiego.com/uniontrib/20061008/news_1b8lynn.ht...

One formidable roadblock that adventuresome investors can smack into is something called a prohibited transaction, which the IRS considers to be any improper use of an IRA by the owner or other so-called disqualified persons, which include spouses, parents and children.

While you can make yearly contributions to an IRA, you can't contribute sweat equity to the property.

Another threat that nontraditional IRA investors face is commingling outside cash with their retirement account.

http://www.iraaa.org/ground-your-retirement-fund-with-real-e...

http://www.iraaa.org/yes-you-can-buy-real-estate-with-your-i...

http://www.dol.gov/ebsa/programs/ori/advisory2000/2000-10a.h...


Regards, JAFO

DISCLAIMER - THIS IS NOT LEGAL ADVICE; IF YOU NEED LEGAL ADVICE, SEEK A LAWYER LICENSED IN YOUR JURISDICTION
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