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Updated over 9 years ago on . Most recent reply

John Tan's profile image
John Tan's profile image
John Tan
  • Investor
  • from san marcos, California
  • Member since Jun 29, 2014
Connect

User Stats

37
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12
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John Tan's profile image
John Tan's profile image
John Tan
  • Investor
  • from san marcos, California
  • Member since Jun 29, 2014
Connect
John Tan
  • Investor
  • san marcos, CA
12
Votes |
37
Posts
Buying & Selling Real Estate

It is possible purchase Real Estate using 529 Plan?

John Tan
  • Investor
  • san marcos, CA
Posted

Does anybody know how to use 509 plan to invest in real estate? I have a kid who is two years old; I figure if I purchased the home with 25% down in a neighborhood I am already investing in (put down ~60K), I can then sell the house 16 years later when he's ready for college tax free. Is this something that can be done?

I don't have enough funds to pay cash for the property.  

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