A question I get all the time is "Can I personally mow the lawn, maintain, and/or repair properties owned by my IRA LLC?" My answer is "No" which usually creates the response "But another company said I could." First, let's summarize that the accountholder/participant of a retirement plan generally … [Read more...] about Landlording your IRA LLC's properties – Is it allowed?
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Where to Find Reliable Self Directed IRA & 401(k) Information
I ran across something today that may surprise you. I was reminded of why I founded the IRA Association of America. I hear some of the craziest things from prospects and new customers, such as "My understanding is that my IRA can loan money to a Corporation I own part of." "I've heard that my … [Read more...] about Where to Find Reliable Self Directed IRA & 401(k) Information