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Yes, your IRA can invest in these entities, but they can be complex and there are certain rules you must adhere to. Please consult with an appropriate professional before you invest.

All expenses and income flow through your self-directed IRA. For example, your tenant makes rent checks payable to your IRA and sends them directly to Advanta IRA to deposit into your account. To pay expenses associated with your assets, contact Advanta IRA and we cut checks from your IRA to pay them.

You must establish a single-member LLC, of which your IRA is the sole member. These structures are also known as checkbook IRAs. As the IRA owner, you are the LLC manager and can open a bank account in the name of the LLC. The account is funded from money out of the IRA. This gives you checkbook control of the account and you can write checks to purchase investments and to pay expenses directly related to any asset owned by the account. We always advise the investor to perform thorough research and to seek the advice of a tax attorney or financial professional prior to choosing to form and use a checkbook IRA.

Rentals, commercial properties, multifamily, rehab and flips, and raw land are some of the most common real estate holdings. Many Advanta IRA customers also use their IRA to extend private mortgages and loans, often collateralized by a piece of real estate. In these transactions, your IRA acts as the bank and lends money to individuals or entities that you personally vet.

You are unable to invest in antiques, collectibles, or life insurance contracts. IRC 4975 outlines these items, along with prohibited transactions and disqualified persons with whom your IRA may not conduct business.