How can you own and manage real estate in an IRA?
474928
Real Estate IRA's?  Here you go: http://www.pensco.com/education/RealEstateOverview.asp
996500
60% in real estate, 22% in SPDRs, 12% in a diversified monthly income fund, 6% in a resource fund. For fun you can dabble in forex (I recommend Hang Seng Bank), but not more than a couple of percent. It's ok to discuss your situation with an investment adviser, but DO NOT hand over control of your portfolio! You have to pilot your own ship.
108583
All the above answers are good, but I would say it depends..\nWhat are you saving for?  Retirement?  A house?  Vacation?\nBefore wasting your time with a financial planner you really have to decide what your portfolio will be used for.  If it's retirement, by all means use your 401(k) if your employer matches any amount (it's free money and an immediate return on your investment).  If a 401(k) is not available, by all means look at a Roth IRA.  After 5 years your returns are not taxable.  Use the Motley Fool (www.motleyfool.com) for advice.  For long term investment, go with a mutual fund that follows the S&P 500.  I didn't, I was in large caps and mid-caps and haven't made the long term returns that Vanguard 500 returned (over the past 15 years).  Real estate, especially your own home, is a good idea so that it will be paid for before you retire.  Don't overspend yourself on real estate by buying more than you can afford.  Again, figure out what you are saving for and then make a plan based upon what you will need the money for in the future.  Bear in mind when you will need the money as well.  Mutual funds are good for long term (10-15 years+), but if you will need the money in a shorter term (say five years or less) and need for ALL of your original savings to be there, stick with money funds.  They pay more than savings accounts and generally won't lose principal the way your standard mutual funds, or even real estate, could.
234200
With one property you can probably just handle it with an excel spreadsheet.  The only thing that gets a little complicated is the depreciation for tax purposes, but a decent tax prep package should make that relatively painless.\n\nYou also may want to set up a separate account to make tracking a little easier.
266753
You should be able to roll over a 401k into an IRA without a problem.  Those Prudential people just don't want to lose your business.  Your money guy at the new place should be able to take care of all this for you.  And if he can't, find a new money guy.\n\n(Unless you bought some sort of annuity with it.  I can't tell if you did.)
66302
Yes, you can invest in an ira no matter what but if it's a roth you have to take an annual distribution if your over 59 1/2 and if it's traditional then you have to take the annual distribution if your over 70 1/2
1050656
-Read books, and find out tips to gaining wealth. There are a lot of ways in Real Estate that you can perform a transaction and have an extra 5000-100,000  at the end. \n\n-Buying stocks, watch Mad Money on CNN. Theres a crazy guy on there that knows his stuff about stocks. \n\n-Invest money into small businesses. (this might require initial capital, but you can get a few guys together, and open something small and cheap)
35984
I would focus on your comfortable monthly payment, and stick with that.  You may be approved for a much higher purchase, but remember, lenders are not your fiduciary; many people get in over their heads, and sure enough a lender was willing to take them there.  A top quality real estate agent will be able to guide you.\n\nAfter you determine your comfortable monthly payment, you might consider purchasing rental or investment property with your leftover financial capability.  A great book to read is The Millionaire Real Estate Investor, by Gary Keller and Dave Jenks.  This is smart as you focus on retirement and college expenses.  Good Luck!
1151881
I would not sell unless there were great reasons for me to do so. I would still purchase investment properties. This is an excellent way of earning a living as well as gaining wealth.\n\nif you can refi at 50%-60% LTV or less and still have a positive for additional purchases that is a good strategy \n\nI would diversify my investment by investing in 2nd trust deeds and equity loans. The interest rates are about 10%-12%. \n\nYou can do the collection or hire someone to do the collection. There are computer programs available for you to purchase if you want to do the collection.\n\nThat way if the real estate market take  a swan dive for some reason you still have trust deeds that are earning money for you.\n\nI hope this has been of some use to you, good luck.\n\n"FIGHT ON"
1012375
Check out real estate investment trusts and read articles on Yahoo Finance
197680
You can put anything you own into a revocable trust EXCEPT IRA's and 401k"s and sometimes insurance limitations preclude placing autos in trusts. You are going to place your capital gain into a bank account, CD, brokerage account, another house or somewhere.  Wherever that capital gain goes that account can be included in your revocable trust.
266542
only invest in r.e. markets with which you are persoannly familiar ie:live there-otherwise choose a reit that invests in your area of interest.
1132215
You need to start by reading what the IRS says about an IRA, see below).  From personal experience, if you don't have an IRA account yet, I believe that it would be better to set up a ROTH IRA, but that is up to you and your needs.\n\nFrom the IRS site:\n\nAn individual retirement arrangement, or IRA, is a personal savings plan which allows you to set aside money for retirement, while offering you tax advantages. You may be able to deduct some or all of your contributions to your IRA. Amounts in your IRA, including earnings, generally are not taxed until distributed to you. IRA's cannot be owned jointly. However, any amounts remaining in your IRA upon your death can be paid to your beneficiary or beneficiaries.\n\nTo contribute to a traditional IRA, you must be under age 70 1/2 at the end of the tax year and you, or your spouse if you file a joint return, must have taxable compensation, such as wages, salaries, commissions, tips, bonuses, or net income from self–employment. In addition, taxable alimony and separate maintenance payments received by an individual are treated as compensation for IRA purposes.\n\nCompensation does not include earnings and profits from property, such as rental income, interest and dividend income or any amount received as pension or annuity income, or as deferred compensation.\n\nPlease refer to Publication 590 for information on the amounts you will be eligible to contribute to your IRA account.\n\nIf you, your spouse, or both of you are covered by a qualified retirement plan, your IRA deduction may be reduced or eliminated, depending on the amount of your Modified Adjusted Gross Income and your filing status.\n\nFigure your deduction using the worksheets in the Form 1040 Instructions or Form 1040A Instructions or in Publication 590. You cannot claim an IRA deduction on Form 1040EZ; you must use either Form 1040A (PDF) or Form 1040 (PDF). Form 8606 (PDF) should be attached to your return if any of your IRA contributions are not deductible. If both you and your spouse qualify, each of you may contribute to separate IRAs.\n\nThe deadline for making a contribution to a traditional IRA for the year is the due date of your return, not including any extensions of time to file.\n\nYou may choose to take the deduction on a return filed before the contribution is actually made, provided you make the contribution by the due date of that return, not including extensions.\n\nAmounts you withdraw from your IRA are fully or partially taxable in the year you withdraw them. If you made only deductible contributions, withdrawals are fully taxable. If you made any non–deductible contributions, withdrawals are partially taxable. Use Form 8606 to figure the taxable portion of withdrawals.\n\nAmounts you withdraw before you reach age 59 1/2 may be subject to a 10% additional tax. You also may owe an excise tax if you do not begin to withdraw minimum distribution amounts by April 1st of the year after you reach age 70 1/2. These additional taxes are figured and reported on Form 5329 (PDF). Refer to Form 5329 Instructions for exceptions to the additional taxes. For information on Roth IRA contributions or distributions, refer to Topic 309 and Topic 428. For information on conversions from a traditional IRA to a Roth IRA, refer to Publication 590.\n\nMore information on IRAs, including information on tax–free transfers and rollovers, is available in Publication 590, Individual Retirement Arrangements (IRAs).
172733
If the mutual fund is currently held with a large fund family, you should be able to open an IRA with the fund family and have your mutual fund transfered to your new ROTH IRA.  This way it grows tax-free!  If it isn't, you could also open a ROTH IRA with a broker and then transfer the mutual fund into your new account.  If you don't want to keep the mutual fund, then you can sell it and fund a new ROTH IRA.  However, I would be sure to check and ensure that there is no penalty on the sale, and that you still have plenty of time before you will need the money so that the tax-free growth is worth doing.  Good luck
659687
if you and your spouse lived in the property for 2 of the past 5 years, you each could exempt $250k from capital gains. another option is using a 1031 exchange to purchase another real estate investment that would defer capital gains and pay you tax advantaged income. consult your local independant financial advisor and you can get a list of 1031 properties. your tax advisor can project the tax for you. you should set aside the $ in a one year cd. good luck
290196
My idea would be to sell out your traditional ira and put the remaining into your roth ira. You should be talking to your financial advisor about all this. He or She should know all this and be able to guide you what to do. if not, time to get a new Financial advisor. But, at least check out this site which I pulled for you while doing my own research. It looks like it nails it on the head of what your asking about. Read it thoroughly and take it in, then talk to your financial advisor and go from there. Hope I was of some help to you. Good luck! Shuuutnstr =o)\nhttp://www.bankrate.com/brm/itax/news/taxguide/20060102e1.asp
51577
Start young and put 10% of your annual income into some sort of IRA or 401K. Keep your investments within those vehicles aggressive. Over time you'll be surprised how the compounding effect adds up. But, start early and be absolutely disciplined about it. \n\nAlso, at some point, when you have some cash, buy property. Nothing builds profit like property.