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Updated almost 6 years ago on . Most recent reply
SD IRA & Rollover IRA
What is the difference between a self-directed IRA and a rollover IRA account?
I currently have a rollover IRA account. Can I invest in real estate directly with this account?
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- Solo 401k Expert
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In order to invest in real estate or other alternative assets with your IRA you will need a self-directed IRA, an IRA held by a custodian allowing alternative assets. There are number of custodians specializing in this, some are active participants on this forum. This topic has been discussed here on the forum many times, I suggest you search for related keywords and start learning from related discussions.
As a real estate agent you are considered self-employed, therefore qualify for truly self-directed Solo 401k plan. It has several major advantages over SD IRA therefore it is likely going to be a better choice for you.
- Dmitriy Fomichenko
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