Has anyone used an IRA to a realestate trust to purchase your first 4-plex for investment?

I am looking at starting in the multi-family investing and have heard for your first property that you can also use and IRA into a trust fun to avoid penalties for your down pmt. Anyone done that or have any recommendations on where to look?
In Buying Property - Asked by Heather S. - Aug 4, 2011
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Gregg H.
Ontario, CA

Hi Heather
I have heard of a self directed IRA buying property so to build wealth in the IRA for tax and retirement shelter. but not as a down payment to avoid penalty. what penalty are you trying to avoid?
Gregg Holt
north south realty

Aug 10, 2011
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Wags G.
Property/Asset Manager
Cypress, TX

The rules for an IRA investment are the same for any investment class. I suggest you work with a company that specializes in real estate investments within an IRA. My favorite is Entrust Retirement Services. Their web site has a number of good articles to help educate you on your options.

Aug 13, 2011
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