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Renate Muldowney wrote:
>
> margining is not illegal
> In a pension fund
> kids trust fund
> or ira
> brokers do not permit it because of the
> tax implications. If a pension fund buys real estate and gets a
> mortage special tax rules apply
> the same kind of thinking appplies to ira accounts
>
> At 01:44 PM 6/23/98 -0700, you wrote:
> >I am looking for a discount stock broker that will let me have a margin
> >acct. for an IRA. I am told that margining is against the law (which is
> >not true). Does anybody know of such a broker? I already have a self
> >directed IRA trading futures. Primarily I am looking for a firm that
> >will allow me to sell short the Diamonds and Spyders.
> >
> >Thanks in advance
> >
> >George
> >
> >
As I stated in my first post, I am aware of the fact that margining is
against the law... However an IRA can't take title to real property and
can't own real estate.
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