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Why does my current broker say I can?t buy real estate in my IRA?

April 26, 2017broker buy IRA Real Estate

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Why does my current broker say I can?t buy real estate in my IRA?

1 Answer

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Likely because your current broker won’t let you invest in real estate through their custodian. Just because that isn’t something they offer doesn’t mean that you can’t do it; It just means that you can’t do it through them. It is a limitation that your broker is placing on your IRA NOT one that the IRS is placing on your IRA. Or your current broker may just be ignorant. Either way, you can invest in real estate.