Yes, you can roll it over from a previous employer and/or you can start a new one. They are limits to your yearly contribution, but not your gains. What you know about IRA still holds true the only difference is the custodian. Most custodians limit your investment because let's face it, they have products to sell. But a neutral custodian doesn't, all you simply tell them is what you want to invest in and they put your money into that investment and charge a process fee. This secondary custodian, allows you to "Self Direct" your IRA funds.
Here is one of the secrets...some accounts like Health Savings and Education Accounts have additional taxes benefits.l, but they still act the same as and IRA, the fund allocated and/or contributed can be used for real estate investing.
Again, I'm now expert check everything with your custodian. Us folks in Texas, try to minimize our taxes, lol.
