Brag Radio

In today's show, Larry and Kandas talked about self-directed individual retirement accounts. They also discussed the things you can and cannot do with your self-directed IRAs. In addition, they also touched on the things you should be aware of when dealing with your retirement account. Topics: What self-directed retirement account is Traditional investments vs non-traditional investments / alternative investments Law not permitting IRA funds to be invested in life insurance or collectibles Examples of collectibles Having a self-directed custodian Things you can invest in Things you can do with real estate using your retirement account Being careful not to be charged with Unrelated Business Income Tax (UBIT) Borrowing money for real estate Loaning money through your IRA Being a passive investor and owning a business using your retirement account Buying and holding real estate in your self-directed IRA Contribution limits Investing in cryptocurrency Quotes: “The IRS doesn't like you operating a business insi