Category Archives: Prohibited Transactions

Is Your Self-Directed IRA Looking For a Partner?

Your self-directed retirement plan can include many and interesting kinds of alternative assets and there are few limits regarding what you can invest in. However, there are a few important rules to keep in mind. Keep Track of Income and Expenses First of all, all income and expenses related to the purchased assets flow through…
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How to Rectify a Prohibited Transaction

As discussed in a previous post, there are several ways investors can find themselves on the wrong side of a transaction in their self-directed IRAs. Whether the retirement account has invested in commercial paper, a private placement, real estate, a commodity or natural resource, or any of the many other allowable alternative assets, it is…
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6 Mistakes That Can Ruin Your Retirement Savings

[caption id="attachment_1307" align="alignleft" width="297"] This could be you![/caption] Finally opened that self-directed IRA? It’s easy to get swept up in the sea of options when it comes to choosing your own investments, but if you’re not careful, you can find yourself overwhelmed with taxes and penalties for simple mistakes you may not realize you’re making.…
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