Buying Property in Mexico with Funds from a US IRA
06-06-2010, 06:03 PM,
#2
RE: Buying Property in Mexico with Funds from a US IRA
Terry the answer I think is found in your question: "...using funds from an IRA." Funds are funds - and are the color of money. Presumably the buyer is 'funding' his/her ability to purchase by withdrawing funds from his/her IRA. Since the funds are no longer in the IRA what I see happening is the notarios getting confused by having too much information especially information that is not needed. They don't need to know anything about the IRA as it isn't buying the property - its the funds withdrawn from it and those funds should now be good old efectivo.


Messages In This Thread
RE: Buying Property in Mexico with Funds from a US IRA - by The Duck - 06-06-2010, 06:03 PM
RE: Buying Property in Mexico with Funds from a US IRA - by GTOROCKS RACING TEAM - 06-11-2010, 02:35 AM

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