WHY INVESTORS NEED TO AVOID SELF-DEALING PROHIBITED TRANSACTIONS IN SELF-DIRECTED IRA
Self-dealing Any transactions in which the IRA owner or other excluded individuals gain from the IRA’s investments are considered banned transactions in a self-directed IRA. The Internal Revenue Service (IRS) forbids these transactions because the IRA owner or other disqualified parties may unlawfully benefit from them. Why Investors Need To Avoid Self-Dealing Prohibited Transactions…