Posts Tagged ‘Selfdirected’

How Can I Use Self-directed Ira Money To Participate In Internet Auctions For Tax-lien Certificates?

Sunday, December 20th, 2009

I’m trying to get started in investing in tax-lien certificates using money in my self-directed IRA. I’d like to try participating in online auctions for county tax sales, but many of them require you to deposit some sort of “down payment” as good faith money. Does anyone know if/how I can get the money from my IRA for my deposit, so that my IRA completely holds the entire interest in these assets? Thanks in advance for your help.