What Makes a Tax Free Deal a Real Deal?
Hugh Bromma - What Makes a Tax Free Deal a Real Deal?: "Over the last year, a number of interesting questions have come up about tax free real estate deals. Among them are the question about doing too many of them in your Keogh or IRA (also known as the Dealer issue); what is the difference regarding transactions in a Roth IRA versus a traditional one; and the ubiquitous Unrelated Business Income Tax question.
The answers are straightforward. You can do as many real estate or other transactions as you wish without being a dealer. The dealer issue, according to subject matter experts, such as prominent ERISA and IRA attorneys, and the IRS has nothing to do with tax deferred, free or qualified plans, as these transactions occur in a tax free environment. The best analogy, is if you traded to often in the stock market, would you have to be licensed as a stock broker? No"
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