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1031 Exchanges

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Mike Pichik
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  • Omaha, NE
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IRA to 1031 for Real Estate Invenstment

Mike Pichik
Pro Member
  • Omaha, NE
Posted Oct 1 2016, 08:10
Looking for some guidance. I have about $100k in a self-directed securities IRA. I've picked up on bits of information that indicate I might be able to convert those monies, through a 1031, into funds to be used to invest in real estate. Is that possible? And if so can I do it without early withdrawal penalties and income tax implications? Appreciate any feedback and/or recommended resources to research.

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