Buying Farmland as an Investment
Find out why many alternative investors are purchasing farmland and learn how to get started with a Self Directed IRA.
Agricultural land used for the raising of livestock and production of crops can be owned by your IRA.
Things to Know Before Purchasing Farmland as an Investment
- You cannot use the land for personal reasons.
- All expenses associated with the investment must be paid using the funds in your IRA account. All revenue must go back to the IRA account.
- You cannot perform physical work on the land.
- The investment is made by the IRA – not you. Remember to title the investment correctly.
Consider allocation of your commitment, cost, and time.
- The purchase should not constitute a prohibited transaction.