Real estate is a great investment option. While the Great Recession of 2008 sucked the life out of many investments, real estate assets rocketed in value [source: Schnepper]. Many retirement plans allow investors to own various types of property including apartment buildings, co-ops, single family homes and even vacant land. People can invest indirectly in real estate investment trusts (REITs), or buy property using an IRA. Real estate is low risk over the long run with a high-rate of return [source: Schnepper].
A person cannot put property they already own into the IRA. In addition, the funds in the IRA must pay all the expenses on the property including taxes, insurance and repairs. Concurrently, the money you make from the property in sales or rent can go directly into the retirement account.