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.
August 14th, 2011
The question then becomes what does “physical possession”, IRC Section 408(m) clearly states that gold, silver, or palladium bullion must be held in the physical possession of a U.S. trustee