IRS Rules

Prohibited Transactions – How Close is Too Close?

By: Catherine Wynne

The ability to successfully structure self-directed IRA and qualified plans into nontraditional and potentially lucrative investments always depends on understanding the rules for prohibited transaction set forth in IRS Code Section 4975.

UBIT – An IRA can become a “dealer”

By: Catherine Wynne

When those familiar with IRAs hear the term “unrelated business income[tax]” (UBI[T]) they assume that it only relates to leveraged real estate within an IRA.  This classification of UBIT, called “unrelated debt financed income” is…