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Another option is to covert to an IRA and directly buy a property.


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When your account receives a monthly rental income from the purchased property, you can avoid income tax with that. Another option is to covert to an IRA and directly buy a property. One other approach you can do to help lessen your acquisition cost is if you utilize your 401K to [fund your down payment]. And when you sell for a profit you can avoid the capital gains tax. There is also another alternative where you can finance the down payment by using your IRA balance. So before we proceed, let me tell you that we are going to talk about the basic things you need to know about this type of investment, and if you need a detailed information, you may have to consult with an accountant before you execute any approaches on IRA or 401K real estate investing.
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