Financially Simple

In episode 212 of Financially Simple, Justin considers whether or not you should use your IRA to buy investment property. Can you use your IRA savings to invest in real estate? Yes, you can - but should you? Justin looks at the ins and outs of using your IRA to invest in property, and gives his advice on whether or not it is a good idea. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 02:00 - Should You Use Your IRA to Buy Investment Property? 03:07 - Real Estate IRA Rules & Regulations 04:18 - You Cannot Buy Your Own House 05:45 - You Cannot Have "Indirect Benefits" 06:33 - You Cannot Use Your Personal Name 07:18 - Real Estate Can Be Purchased Without 100% IRA Funding 08:25 - UBIT Tax 09:16 - Expenses Must Be Paid From Your IRA 10:20 - Real Estate IRA Income Must Return to Your IRA 10:49 - So, Should You? 15:56 - Wrap Up _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube