Can I Purchase Krugerrands with a Self Directed IRA?

August 29th, 2011

The Internal Revenue Code does not describe what a Self Directed IRA can invest in, only what it cannot invest in. The IRS only describes the type of investments that are prohibited, which are very few. Internal Revenue Code Sections 408 & 4975 prohibits “Disqualified Persons” from engaging in certain type of transactions. The purpose [...]

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Checkbook Control IRA Rules

August 19th, 2011

n general, the IRS does not specifically identify what a self directed IRA LLC or a checkbook control IRA can invest in, only what it cannot invest in. Internal Revenue Code Sections 408 & 4975 prohibits disqualified persons from engaging in certain type of transactions.

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The Self Directed IRA Rules

July 8th, 2011

The Self Directed IRA Rules rules are extremely broad and the penalties extremely harsh (immediate disqualification of entire IRA plus penalty). Thus, an individual using a Self Directed IRA to make investments should be aware and cautious of the disqualified person and prohibited transaction rules.

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