Q: Does the IRS allow real estate in an IRA?
A: Yes. The IRS has had that question so many times they answer it directly on their website (www.irs.gov). In their retirement Q & A section they say “IRA trustees are permitted to impose additional restrictions on investments. For example, because of administrative burdens, many IRA trustees do not permit IRA owners to invest IRA funds in real estate. IRA law does not prohibit investing in real estate but trustees are not required to offer real estate as an option”. To invest in real estate your IRA custodian must allow it. True self-directed custodians do.
