For the best info on the topic, below are links to a 3-part article written by Tom Phelan that was featured on EscapeArtist.com.
Part 1: Does the US Government Want Your IRA?
Part 2: Time to Pull Your IRA Out of Wall Street
Part 3: How to Buy Real Estate with Your IRA
A bit of background about the author, Mr. Phelan:
- International Speaker For: International Living and Live and Invest Overseas
- Subject: How Your IRA Can Buy Foreign Real Estate”
- National Speaker: RE/MAX, Coldwell Banker, Keller Williams, Century 21
- Subject: “How Your IRA Can Buy Real Estate” and “1031 Exchanging”
- Articles Published by: The Escape Artist, International Living, Live and Invest Overseas, Wall Street Journal and MSN (Internet Version) and NuWire.
- Subject: IRA Purchased Foreign Real Estate
- “How Your IRA Can Buy Real Estate” 3 Hour 3 CE Course Arizona Department of Real Estate Approved Class
- Certified IRA Consultant/Specialist (www.IRAAA.org ) for the Self-Directed IRA – SEP, Check Book Control Self-Directed IRA - SEP and the Individual 401(k)
- Member IRA Association Of America www.IRAAA.org
- Certified 1031 Exchange Specialist (Starker Services)
- President IRA Choices - National Web Site: www.IRAChoices.com
- Published in Audio by: Simon and Schuster - Bantam Books
- Author: “Million Dollar IRA©” - “Rich IRA Poor IRA©” - “How To Buy And Sell Real Estate And Never Pay Taxes (legally)2003© - “Rich Realtor® Poor Realtor®2003© - “The Argentine Vineyards Buyer’s Guide©”
- Former Radio Co-Host Talk Show on “Real Estate Issues and Mortgages”
- LL.B Degree in Law.
- Smith Barney Stock Broker - New York 1996-1998
Amber Pierce-Schulz is the Broker/Owner of Mayan Riviera Properties, specializing in Puerto Morelos Real Estate and Puerto Morelos Vacation Rentals. We are members of AMPI and Federally Certified Realtors.