MENUCan I live in a home which I purchase with my IRA funds?
No.
All investments made by your IRA are to benefit your IRA exclusively and not yourself personally. Living in the home violates IRS rules and would constitute a Prohibited Transaction.
No.
All investments made by your IRA are to benefit your IRA exclusively and not yourself personally. Living in the home violates IRS rules and would constitute a Prohibited Transaction.