
EP 41 - Buying and Selling Land in Your IRA
Directed IRA Podcast
00:00
Then I'm Gonna Go Down, the Issue of Frequency. Is That a Good Idea?
If you're doing more than three or four land swaps, let's call em land deals, you're selling a piece of land and reselling it before even 12 months is up. You don't pay tax on so ust want to make sure that you're only doing a certain amount of transaction volume,. One or two short term dills a year, i in your iray, totally fine. Holding less than 12 months, no. Your oin to have this u bit, tax bomen, we got a whole separate podcast getting into that. There are some strategies to minimize it and avoid it.
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