Purchase of Property Procedure
Notes on particular purchase structures:
- IRA purchasing 100% of a property - all cash (i.e. no loan)
- IRA participating in a 'tenants in common' or 'TIC' purchase (no loan)
- IRA purchasing property in a foreign (non-U.S.) country
- IRA purchasing 100% of a property using leverage (i.e. IRA is acquiring a non-recourse loan)
- IRA purchasing a 'TIC' interest in a property that will be leveraged (a non-recourse loan will be used)
- IRA purchasing property through an entity such as an LLC, LP or C-Corp
The foregoing is a general discussion. It is not intended, and should not be relied
upon, as an opinion or advice on any legal, tax or investment aspects of IRAs. An IRA owner considering
an IRA investment in real property should consult with their own advisor.
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