June 27, 2022
The Mann Report published an article by Tax Partner James Philbin, about direct-owned real estate in an IRA.
The Mann Report
By James Philbin, Partner, Tax & Business Services
Excerpt:
IRA owners subject to annual required minimum distributions (RMDs) and holding direct-owned real estate need to be mindful of the overall liquidity of aggregate IRA holdings. The real estate portion may not have available funds for distribution and the investor will need to draw from other IRA sources.
