The IRA tax code defines prohibited investments as Life Insurance (allowed in a 401k) and personal collectibles, defined as:
- Artworks
- Rugs
- Antiques
- Metals
- Gems
- Stamps
- Coins
- Alcoholic beverages
- Certain other tangible personal property
When it comes to real estate there are no limitations except those governing self-dealing and disqualified individuals.
Examples of possible investments
- Single family homes
- Duplexes / Quads
- Apartments
- Self-storage facilities
- Undeveloped acreage
- Building lots
- Tax liens
- Tax Deeds
- Real estate notes
- Promissory notes
- Oil and gas leases
- Private stock offerings
- Precious metals as per IRS regs