- You cannot live in the property yourself.
- There may be some issues if you manage the property yourself.
- You cannot collect the rents and use them for your personal funds; they have to stay in the account.
Since real estate is something that I understand, I would much rather invest in that than the stock market. The self-directed IRA gives you more control and is a great way to diversify your retirement portfolio.
If you have any other questions about a self-directed IRA or you’re interested in investing in real estate, give me a call or send me an email. I’d be happy to help!