CEO of BlueSky, David Blain, CFA talks about the risks associated with putting income-producing real estate in an IRA. Many investors would like to diversify their IRAs by investing in beyond traditional stocks, bonds, ETS, etc. as shown in the following article from U.S. News & World Report.
Do you have a hankering to diversify beyond the typical stock, bond and exchange traded-fund holdings that generally comprise the bulk of one's retirement investments? For the more entrepreneurial minded and adventuresome investor, the self-directed individual retirement account is an option that anyone can use to invest in alternative assets such as rental real estate or gold. (full article)