Financial Planning on eBay:
Ernst & Young's Financial Planning for Women by Erns... | US $2.00 (0 Bid) End Date: Saturday Jun-11-2011 15:17:22 PDT Bid now | Add to watch list |
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Question by investor8406: How can I use self-directed IRA money to participate in internet auctions for tax-lien certificates?
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.
Best answer:
Answer by fsfa
You need to find a custodian that allows that. Do a google search as I don’t know any names, but they’re out there.
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