Can my Self-Directed IRA LLC purchase real estate?
Yes! This is one of the most exciting opportunities available. Section 408 of the Internal Revenue Code permits individuals to purchase land, commercial property, condominiums, residential property, trust deeds, or real estate contracts with funds held in many common forms of IRAs. This includes a traditional IRA, a Roth IRA, and a Simplified Employee Pension plan, or SEP-IRA.