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Ep 53 - Real Estate Development in an IRA

Directed IRA Podcast

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Do You Want to Do a Prohibited Transaction?

Ike: Be very careful and meticulous. You have to treat it almost ouriry was doing a deal, and i was on the other parcel. If you own a hundred % of this development with ira funds, your iray funds, every the prohibited partyis involved, it's no way, no deal. Ike: Another consideration is another escape hatch, if you will, or con o get out of jail secard. I think that's pretty aggressive. But anybody who's going down that path needs to take a step back"

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