ALERT: USPS is experiencing unprecedented volume increases and limited employee availability due to the impact of COVID-19. This is impacting the delivery of client statements and payments, Equity Trust is encouraging clients to use electronic methods for depositing and delivery of payments: Rental and Note Payments can be submitted using our Online Payment Center | Request purchase funds, bill payments, and distributions using Wire or ACH payment methods through myEQUITY Wizards | Review USPS.com for updates.
Beyond many of the popular alternative investments available for self-directed IRAs (real estate, private lending, notes, and private placements), there are even more possibilities available for self-directed investors.
As long as IRS guidelines are followed, you are in direct control of your financial future and can determine what investment makes the most sense for you.
There are a few assets that are not permitted to be held within an Equity Trust self-directed account, in addition to those restricted by the IRS.
For example, ETC will not custody:
ATM Machines
Vending machines
Life insurance contracts
Production or distribution of federally prohibited controlled substances
Personal and commercial vehicles, excluding farm equipment
As outlined within your Custodial Agreement, Equity Trust will review purchase requests on a case-by-case basis and may determine that your requested investment cannot be held within the account.
There are important rules to remember when investing in your account that are the same across all asset types.
These include:
You are unable to purchase an investment from a disqualified individual
Assets owned by your account cannot be commingled with other assets
For example: If you purchase a food truck it may not be placed on property that you or other disqualified individuals own
Prohibited investments include collectibles (such as artwork, stamps, rugs, antiques and gems), certain coins, and life insurance
Assets owned by your account cannot be sold to a disqualified person
Disqualified individuals are not able to live in, rent, or work on assets owned by your account.
Any income earned from any investment must return to your account
All expenses related to maintenance, upkeep, or improvements to the asset must be paid from your account
For the complete list of rules please visit IRS.gov
Discover 100+ Investment Options for Your IRA
Access your FREE checklist for investment options to discover what’s possible in your IRA.
