MACK Investments debunks the myths about buying an investment property through an IRA, and how it can actually boost retirement income.
What do single-family rental properties and Individual Retirement Accounts (IRAs) have in common? They're both focused on long-term profits. But many people don't know that you can use your IRA funds to purchase an investment property, earning rental income that can give your IRA a long-term boost. Taylor Johnson client MACK Investments, one of the largest single-family rental property providers in the Chicago area, addresses the ins and outs of using an IRA to purchase an investment property to grow your retirement savings.