BugleMIn
New Member
Off and On I have wanted to buy some ground for hunting. I always had funds in my 401K's and equity tied up in my home, but never enough cash sitting in the bank to buy 40 or 80 acres.
I switched jobs a few years ago and rolled one of my 401K accounts into an IRA. And now I am reading about how one can invest in real estate (ie hunting ground) through the IRA, via a real estate investment trust. There are lots of rules to follow and it must be "administered" by a financial type person, but it can be done.
Has anyone done this?
I switched jobs a few years ago and rolled one of my 401K accounts into an IRA. And now I am reading about how one can invest in real estate (ie hunting ground) through the IRA, via a real estate investment trust. There are lots of rules to follow and it must be "administered" by a financial type person, but it can be done.
Has anyone done this?