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Using self directed IRA to purchase Land
Can I use funds from my self directed IRA to purchase a piece of land. I believe I can.
Can I build several homes (i.e a subdivision or apartments ) on that land and sell the homes? I'm not a builder, so someone else will be building it. Technically, I wouldn't be working on it myself. If I can't build on, what are things I can do on it?
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@Carl Fischer Thanks for your input. Personally, I prefer real estate to Stocks and the main reason is because of control.