You can actually invest in real estate, promissory notes, precious metals, cryptocurrency, small businesses, and concert tickets, or raw land. Your broker may tell you that you can’t do this and it’s prohibited. They’re blatantly wrong.
There are several HOT deductions that many taxpayers don’t consider and just ‘leave money on the table’. Here are 6 under utilized write-offs that in my opinion should be a healthy line item on any legitimate small business tax return:
Many don’t think there is any such thing as ‘risk’ with an IRA or it’s investments. Moreover, many believe that asset protection isn’t even necessary with an IRA. However, this is far from the truth. When investing your IRA it’s important to consider two types of potential threats.