---
title: What real estate can I invest in with my STRATA account?
description: Explore what real estate you can purchase with a self-directed retirement account, including permitted property types, foreclosure rules, LLC investing, co-investing, leverage, and IRS restrictions.
---
[Skip to content](https://knowledge.stratatrust.com/what-real-estate-can-i-invest-in-with-my-strata-account#main-content)
[](https://www.stratatrust.com/)
Open main navigation
Close main navigation
- [Log In](https://www.stratatrust.com/log-in/)
[Log In](https://www.stratatrust.com/log-in/)
How can we help you today?
- There are no suggestions because the search field is empty.
1. [Self-Directed Knowledge Center](https://knowledge.stratatrust.com/?hsLang=en)
2. [Investment Options](https://knowledge.stratatrust.com/investment-options?hsLang=en)
3. [Real Estate (Directly Owned)](https://knowledge.stratatrust.com/investment-options?hsLang=en#real-estate-directly-owned)
# What real estate can I invest in with my STRATA account?
### Permitted property types
Your STRATA self-directed retirement account may invest in many types of [directly owned real estate](https://www.stratatrust.com/investment-options/directly-owned-real-estate/#types-of-real-estate-investments-available), provided the investment complies with IRS rules. Examples of eligible real estate include:
- Vacant lots and raw land
- Residential rental properties (single-family or multi-unit)
- Condominiums and apartment buildings
- Commercial or industrial property
- Mortgage notes secured by real estate
For documentation requirements, refer to STRATA’s [Directly Owned Real Estate Investment Checklist](https://stratatrust.hflip.co/0f5565c473.html).
---
### Property types not permitted
STRATA will not process certain types of property, including but not limited to:
- Timeshares
- Foreign real estate
- Property purchased directly through an auction or tax sale
If you are unsure whether a property qualifies, please [contact STRATA](https://www.stratatrust.com/choose-your-path/) before entering into a contract.
---
### Can I purchase a foreclosed property?
Yes, but only if the property has already completed the foreclosure process and you can provide all required documentation listed on STRATA’s [Directly Owned Real Estate Investment Checklist](https://stratatrust.hflip.co/0f5565c473.html).
STRATA does not process foreclosure purchases made directly at auction or tax sales.
---
### Can I invest through an LP or LLC?
Yes. If your STRATA account acquires real estate through a limited partnership (LP) or limited liability company (LLC), your account will hold an equity interest in that entity. Refer to STRATA’s [Private Equity Investment Checklist](https://stratatrust.hflip.co/83e99af287.html) for required documentation.
If your IRA originates a loan secured by real estate, refer to STRATA’s [Private Debt Investment Checklist](https://stratatrust.hflip.co/a849ffd4a7.html).
---
### Can I co-invest with others?
Yes, provided the other owners are not [disqualified persons](https://www.stratatrust.com/rules-regulations/?tab-id=1#irs-rules-for-selfdirected-iras) under IRS rules. The deed must clearly specify the undivided ownership percentage of each party.
---
### Can I use leverage?
Yes, but only through a non-recourse loan.
- The STRATA account must be the borrower.
- The property must be the only collateral.
- All loan payments must be made from the STRATA account.
- You may not personally guarantee the loan or make payments out of pocket.
Debt-financed property may be subject to [unrelated business taxable income (UBTI)](https://www.stratatrust.com/rules-regulations/#investment-income-and-tax-reporting). Consult your tax advisor for guidance.
---
### Important reminders
Certain transactions involving real estate are prohibited within an IRA. For example, you and other disqualified persons may not personally use the property or engage in self-dealing transactions.
Before investing, review STRATA’s [Rules and Regulations](https://www.stratatrust.com/rules-regulations/?tab-id=1#irs-rules-for-selfdirected-iras) page and ensure you understand the definition of a disqualified person. STRATA does not provide tax or legal advice. Consult a qualified professional regarding your specific situation.
- [Manage Your STRATA Account](https://knowledge.stratatrust.com/manage-your-strata-account?hsLang=en#main-content)
- [Online Account Access](https://knowledge.stratatrust.com/manage-your-strata-account?hsLang=en#online-account-access)
- [Account Maintenance & Forms](https://knowledge.stratatrust.com/manage-your-strata-account?hsLang=en#account-maintenance-forms)
- [Fees](https://knowledge.stratatrust.com/manage-your-strata-account?hsLang=en#fees)
- [Account Security & Protection](https://knowledge.stratatrust.com/manage-your-strata-account?hsLang=en#account-security-protection)
- [General Tips](https://knowledge.stratatrust.com/manage-your-strata-account?hsLang=en#general-tips)
- [Learn About Tax-Advantaged Accounts](https://knowledge.stratatrust.com/learn-about-tax-advantaged-accounts?hsLang=en#main-content)
- [Self-Directed IRAs](https://knowledge.stratatrust.com/learn-about-tax-advantaged-accounts?hsLang=en#self-directed-iras)
- [Benefciary/Inherited IRA](https://knowledge.stratatrust.com/learn-about-tax-advantaged-accounts?hsLang=en#benefciary-inherited-ira)
- [Trump Account](https://knowledge.stratatrust.com/learn-about-tax-advantaged-accounts?hsLang=en#trump-account)
- [Investment Options](https://knowledge.stratatrust.com/investment-options?hsLang=en#main-content)
- [Real Estate (Directly Owned)](https://knowledge.stratatrust.com/investment-options?hsLang=en#real-estate-directly-owned)
- [Private Equity](https://knowledge.stratatrust.com/investment-options?hsLang=en#private-equity)
- [Private Debt](https://knowledge.stratatrust.com/investment-options?hsLang=en#private-debt)
- [Gold & Precious Metals](https://knowledge.stratatrust.com/investment-options?hsLang=en#gold-precious-metals)
- [Other Private Assets](https://knowledge.stratatrust.com/investment-options?hsLang=en#other-private-assets)
- [Public Investments](https://knowledge.stratatrust.com/investment-options?hsLang=en#public-investments)
- [Funding & Transfers](https://knowledge.stratatrust.com/funding-transfers?hsLang=en#main-content)
- [Direct Transfer](https://knowledge.stratatrust.com/funding-transfers?hsLang=en#direct-transfer)
- [Rollover](https://knowledge.stratatrust.com/funding-transfers?hsLang=en#rollover)
- [Annual Contribution](https://knowledge.stratatrust.com/funding-transfers?hsLang=en#annual-contribution)
- [Conversion & Recharacterization](https://knowledge.stratatrust.com/funding-transfers?hsLang=en#conversion-recharacterization)
- [Distributions & Withdrawals](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#main-content)
- [Cash Distribution](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#cash-distribution)
- [Distribution (In-Kind)](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#distribution-in-kind)
- [Precious Metals Distribution - Liquidation Required](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#precious-metals-distribution-liquidation-required)
- [Delaware Depository](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#delaware-depository)
- [Texas Precious Metals Depository](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#texas-precious-metals-depository)
- [Tax Considerations](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#tax-considerations)
- [Transfers Out](https://knowledge.stratatrust.com/distributions-withdrawals?hsLang=en#transfers-out)
- [Required Minimum Distributions (RMDs)](https://knowledge.stratatrust.com/required-minimum-distributions-rmds?hsLang=en#main-content)
- [Understanding RMDs](https://knowledge.stratatrust.com/required-minimum-distributions-rmds?hsLang=en#understanding-rmds)
- [Calculating Your RMD](https://knowledge.stratatrust.com/required-minimum-distributions-rmds?hsLang=en#calculating-your-rmd)
- [Taking Your RMD](https://knowledge.stratatrust.com/required-minimum-distributions-rmds?hsLang=en#taking-your-rmd)
- [IRS Reporting](https://knowledge.stratatrust.com/irs-reporting?hsLang=en#main-content)
- [Fair Market Value](https://knowledge.stratatrust.com/irs-reporting?hsLang=en#fair-market-value)
- [Investment Income & Taxes](https://knowledge.stratatrust.com/irs-reporting?hsLang=en#investment-income-taxes)
- [IRS Form 5498](https://knowledge.stratatrust.com/irs-reporting?hsLang=en#irs-form-5498)
- [IRS Form 1099-R](https://knowledge.stratatrust.com/irs-reporting?hsLang=en#irs-form-1099-r)
- [Get Started](https://www.stratatrust.com/get-started/)
- [Contact Us](https://www.stratatrust.com/contact-us/)
- [Self-Directed IRAs](https://www.stratatrust.com/sdiras/)
- [Insights Blog](https://www.stratatrust.com/resource-center/insights-blog/)
- [Resource Center](https://www.stratatrust.com/resource-center/)
- [Why STRATA](https://www.stratatrust.com/why-strata/)
[-3.png?width=201&height=68&name=STRATA_white%20(no%20background)-3.png "STRATA_white (no background)-3")](https://www.stratatrust.com/)
STRATA Trust Company (“STRATA”) performs the duties of a directed (passive) custodian, and as such does not provide due diligence to third parties regarding prospective investments, platforms, sponsors, dealers or service providers. As a custodian, STRATA does not sponsor, endorse or sell any investment and is not affiliated with any investment sponsor, issuer or dealer. STRATA does not provide investment, legal or tax advice. Individuals should consult with their investment, legal or tax professionals for such services.