The Big Idea

Prohibited transactions are a terrible, terrible thing for your IRA, and they are ALWAYS taxable, with penalties and interest, too.  Yes, all prohibited transactions are taxable.  But not all taxable transactions in your IRA are prohibited...

Points To Ponder Prohibited transactions are prohibited because they benefit someone other than the IRA Not all transactions that are taxable to your IRA are prohibited Zamir from Boston proposes a transaction that could be both... or neither... we take a look Resources Full Episode Transcript: Episode #253 of Self Directed Investor Talk Deep dive in prohibited transactions... and FREE EBOOK! The best self-directed IRA lawyer on the planet:  Tim Berry

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