I have some money in a 401K and some other investments and I would like to purchase real estate and I heard that this might be a good way.
Chosen Answer:
Generally, a 1031 exchange is used to move money from one real estate investment into another real estate investment of equal or greater value with no tax consequences.
What I think you're referring to is a self-directed IRA account which can hold a variety of assets including real estate. They can be a good idea for using some of your 401K/IRA funds for real estate as long as you
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