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He Bought a Rental House With His IRA and Fixed the Plumbing Himself. The Free Labor Put the Entire Account at Risk.
FG
FOMOGRAM Editorial Desk
Aug 8, 2026
EXECUTIVE SUMMARY
A master plumber fixing a leak in his own IRA-owned rental sounds like smart thrift until you learn that one unpaid Saturday repair can trigger a tax bill that wipes out the entire retirement account.
A master plumber fixing a leak in his own IRA-owned rental sounds like smart thrift until you learn that one unpaid Saturday repair can trigger a tax bill that wipes out the entire retirement account.
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