Can You Gift an IRA?
While it is possible to gift an IRA to an individual, it is much more straightforward when gifting one to a qualified charity.
Self-Directed IRA Prohibited Transactions
Learn all about the Self-Directed Roth IRA Prohibited Transactions Rules found in IRC 4975 that could cause your IRA to be disqualified.
Partnering with an IRA – Is it a Good Idea?
You may consider partnering with your IRA on an expensive investment, however you must be aware of the prohibited transaction rules before doing so.
Can I Use the Real Estate Owned by a Self-Directed IRA?
Generally, you are not allowed to take advantage of real estate owned by a Self-Directed IRA, however, there may some instances you actually can.
Can my Self-Directed IRA Pay Me?
Generally, you, as the IRA owner and disqualified person, are not allowed to receive compensation from your Self-Directed IRA.
How to Protect Your Self-Directed IRA from Prohibited Transaction Penalties
SECURE Act 2.0 includes a provision to help mitigate prohibited transaction penalties occurring in a Self-Directed IRA.
Navigating the Plan Asset Rules for a Self-Directed IRA Investment
It’s imperative that a Self-Directed IRA investor understand the plan asset rules and not engage in a prohibited transaction which may disqualify your IRA
Can I be an Officer of a Company my IRA will Invest In?
The prohibited transaction rules dictate when an IRA investment can be made – being an officer at a company doesn’t automatically preclude it from being invested in.
What Not To Do With Your Checkbook IRA
The Self-Directed IRA LLC with checkbook control is a powerful savings tool, but what can’t you do with a Checkbook IRA?
Tax Consequences of an IRA-Invested Business
One must be aware of the tax consequences of an IRA-invested business, especially if the application of the UBTI rules are in affect.
