Learn more about the Self-Directed IRA for Real Estate:
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The IRS doesn’t differentiate between foreign and domestic real estate when investing with a Self-Directed IRA. Therefore, if you wish to invest in real estate abroad, you just need to be mindful of local laws and ensure you are in compliance with all IRS-related rules for IRAs.
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About IRA Financial:
IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(K) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions.
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Hi Adam, if I were to rollover my 401k from my previous employer to an IRA LLC, but can the LLC be created in a foreign country (say Peru)? for buying real estate (as an investement now)? I understand that I can't personally benefit from the investment "here and now" (i.e., live in it), but at what point would it become allowed to move in at true retirement time? Thanks
Hi Adam, can we by any type of foreign business with IRA funds?
But for prohibited transactions, of course.