Real estate IRAs are popular with people who want diversity and leverage against potential losses in the stock market. You can choose your own assets including commercial and residential property, raw land, as well as tax liens and deeds.
What happens if you contributed more to your IRA than allowed? Often, excess IRA contributions are caught around the time you’re preparing your taxes. Hopefully, you catch the error in time to make adjustments that may ease the 6 percent penalty the IRS levies if you deposit … Read More