Yes you can buy real estate with your self-directed IRA (Individual Retirement Account).
Even on St. John.Â It has been done and it’s not as difficult as you might think.
If your IRA is with a brokerage firm you may need to transfer funds to be used for real estate to a qualified trustee or custodian that specializes in real estate.
If you want to do your own research first there is plenty of information available on the internet such as:
There are specific IRS rules and restrictions that apply.Â Your tax adviser should be consulted.
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