EP 8 - Starting a Business with Your Self-Directed IRA or 401(k)
Directed IRA Podcast
00:00
Don't Take an Option, but You Got a Fit in the Box
You can't pay yourself from your ira or accompany your ireons, a salar y or any compensation. You are restricted to management and administrative oversight in this option. The third party manager that's going to run the show for you cannot be your spouse, ye a child or a parent. And we go through in a separate podcast on prohibited transactions and parties. Whether it's operational or passive, you can't hire your spouse, child or parent to be an employee.
Transcript
Play full episode
