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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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June 19, 2008

The Real Estate Adviser: Real estate IRAs: Know the 4 no-nos

By Tom Kelly
Special to the Journal

A friend of mine is a single mom who became a real estate salesperson several years ago following her divorce. She had a consistent flow of buyers and sellers until the beginning of the year when the market slowdown became even more apparent in a many Northwest neighborhoods.

She postponed a long awaited kayak trip because an out-of-state buyer was coming into town with a reported all-cash offer for a waterfront cottage. I laughed and teased her about postponing the trip when I found out the man was single.


 
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