Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

20
Posts
4
Votes
Nicole P.
  • Garden Grove, CA
4
Votes |
20
Posts

SD IRA & Rollover IRA

Nicole P.
  • Garden Grove, CA
Posted

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?

Most Popular Reply

User Stats

17,844
Posts
6,234
Votes
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,234
Votes |
17,844
Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Nicole P.

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
  • (949) 228-9393
business profile image
Sense Financial Services LLC
4.9 stars
166 Reviews

Loading replies...