USING SEP AND 401K FUNDS TO PURCHASE PROPERTY

There is a legal way to use your self directed IRA funds and 401K funds to purchase investment property. There are specific IRS rules that have to be followed to the letter. 

Simplified:

   l.  You pick a trust company to hold the funds.

   2.  The trust company takes care of everything to do with the property, purchase, repairs, collecting rents.

   3.  When you determine it is time to sell, the trust company signs the documents and all proceeds go into your account with the trust company. 

I have helped customers take advantage of this option and have used Equity Trust CompanyAlways consult with your attorney and tax accountant before using or moving any SEP and/or 40lK retirement funds. Call me after you have completed your research to help look for property that fits your specific needs. Log in to Property Watch