The IRS publishes maximum account contribution limits, as well as catch-up provisions (for those 50 and older) each year. More details on contribution limits can be found on the IRS website.
Adding alternative investments to your retirement portfolio has never been easier. Our state-of-the-art platform provides a seamless way to use your IRA to invest in alternatives. Don’t have a self-directed IRA? Open an account with 1031 Crowdfunding and save on fees through our directed custodian, Equity Trust.
The IRS publishes maximum account contribution limits, as well as catch-up provisions (for those 50 and older) each year. More details on contribution limits can be found on the IRS website.
With a self-directed IRA, your investments are up to you, within the bounds of the IRS rules and guidelines. The IRS does not provide guidance on what investment types are permitted but dictates only what is NOT permitted. Examples of prohibited IRA investments include collectibles (such as artwork, stamps, rugs, antiques and gems), certain coins and life insurance. See IRS Publication 590 for more information about prohibited investments.
While the information provided above has been researched and is thought to be reasonable and accurate, 1031 Crowdfunding are not lawyers or tax professionals. It’s important to consult with a licensed tax professional regarding your personal tax situation.
According to the IRS, a prohibited transaction is improper use of an IRA account or annuity by the IRA owner, his or her beneficiary, or any disqualified person. Examples of prohibited transactions with an IRA are borrowing money from it, selling property to it, using it as security for a loan and buying property for personal use (present or future) with IRA funds.
A self-directed IRA is technically no different than any other IRA or 401(k). A self-directed IRA is unique because of the investment options available. Most IRAs are used for stocks, bonds, mutual funds and CDs. A self-directed IRA allows those types of investments along with real estate, notes, private placements, and other investment options.
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