A home for sale in San Francisco where the median-price on a single-family home is $1.45 million.The most arresting data point in a new report from the California Association of
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Investing In Real Estate With Your IRA
Real estate can fund your retirement—but brace yourself for lots of risk and rules.
Self-directed individual retirement accounts allow people to diversify their investments into assets other than the traditional stocks, bonds and mutual funds that make up most retirement plans. Examples of alternative investments include real estate, precious metals and oil and gas holdings. The catch: The IRS requires a qualified trustee or custodian to administer the assets, such as handling transactions and managing paperwork and reports. So far, only about two dozen companies in the U.S. can act as custodians of self-directed IRAs.
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