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Open Forum: Answering your Self-Directed Account Questions

Directed IRA Podcast

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How to Avoid Self-Dealing

Bowie: It's the same 50% issue, and then we also got what varying shades of grade you want to be. The IRS is looking at, is there some unfair benefit taking place? Are you? Bowie: Sometimes people are 30% in a deal with their IRA and their companies work on the other side of it as, you know, doing business with it. They win. Sometimes people lose. So this is where you want to get a tax consult with a lawyer.

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