Using an IRA to Purchase a Second Home?

The market for second homes in the US is booming. Whether you're thinking about buying one as an investment or a vacation home for your family, you're not alone. According to the latest study released by the National Association of Realtors®, there were a record 2.82 million second homes sold in 2004.

Have you thought about using your IRA to do it? Your stock broker won't tell you, but you can buy homes, condos, office units, ranches........... !!!!! Buy your family a vacation home, using before-tax-dollars, and use your disposable pocket money for something else!