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 is a fair market valuation?
The IRS requires owners of all retirement plans, self-directed or not, to report the fair market value (FMV) of assets held in the account(s) at the end each year. One valuation form must be completed for each asset your plan(s) holds. The … Read More