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hunteradvisor


Apr 11, 2017, 7:10 AM

Post #26 of 26 (542 views)

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Re: [Gatos] Paying state income taxes in the USA

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You cannot legally occupy a property you purchase within your IRA.
The property must be for commercial/rental use to generate income & profit for the IRA.
I attempted to use this method several years ago in Guanajuato and the notarios there were not able to meet the requirements of the US custodian of my IRA.
On a side note, myself and others highly recommend renting first for at least a full year before buying. Easy to buy, hard to sell.
Isabel
www.RanchoSolyMar.com
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