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George Moldenhauer wrote:
>
> 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.
Should read NOT against the law...sorry...George
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