Self-Directed IRA Resources & Links

Introductory manual

Here is an extensive manual on what you can or can’t do with your IRA money.

IRS Publications – Review IRS Publications that may affect your SDIRA

IRS Publication 590-A — Contributions to IRAs

IRS Publication 590-B — Distributions from IRAs

IRS Publication 598 — Tax on Unrelated Business Income of Exempt Organizations

IRS Publication 560

IRS Publication 3125 — The IRS Does NOT Approve IRA Investments

DOL Advisories

DOL Advisory — Lease to a Disqualified Individual is a Prohibited Transaction

DOL Advisory — Securities Discount because of Disqualified Individual is a Prohibited Transaction

DOL Advisory — Securities Discount because of a Disqualified Individual is a Prohibited Transaction

DOL Advisory — Self-Directed IRA Loans to Company Where IRA Grantor/Beneficiary is Insider

Here’s a ruling where an IRA owner had his IRA make a loan to a corporation owned 47% by him.

DOL Interpretive Ruling 2000-10A

Want to enter into a partnership with your IRA money and children? Here’s a ruling from the Department of Labor saying if you do things right this could be possible.

DOL Advisory Opinion 2006-09A

Investment by a self-directed IRA in notes being offered by an entity that is over 87% owned by the IRA owner’s son-in-law would be a prohibited transaction.

IRS Private Letter Ruling 8604089

Want to start building up a real estate empire? This ruling from the IRS shows how you can structure real estate deals in your IRA.

IRS Field Service Advisory 200128011
How about having your IRA own a business with the kids’ IRAs? This advisory letter from the IRS approved exactly that.

IRS Court Cases Involving an SDIRA — Review Actual IRS Court Cases

Swanson V. Commissioner
Interested in moving half a million dollars into your IRA in a very short time frame? Here’s a court case that allowed one person to do exactly that, and the IRS was even forced to pay over $50,000 in attorney’s fees for challenging him.

Ancira V. Comminsioner
Want to invest in private companies with your IRA money but are worried about following all the intricate steps? Here’s a case where everything was done wrong, but the court still allowed an IRA to invest in a private company without any tax consequences.

SEC V. Hoplon Financial Group

SEC V. Lucita A. Zamoras

Rollins V. Commissioner

Daley V. Mostoller

Peek & Fleck V. Commissioner

Ellis V. Commissioner

Gist V. Commissioner

In Re Cherwenka

Powell V. U.S.

IRS Resources

IRS Manual — Prohibited Transactions

IRS Manual — Real Property Valuation Guidelines

IRS Resource Page — UBTI (or UBIT)

IRS Bulletin — UBIT (or UBIT)

IRS Bulletin — UBIT (or UBIT)

IRS Resource Page — UDFI

Warnings, Cautions & Guidance

GAO — Risk of Investing into Unconventional Assets

SEC — Self-Directed IRAs and the Risk of Fraud

Self-Directed IRAs — A Black Hole?

IRS attack on Abusive Roth IRA Transactions
It seems that the IRS is starting to believe that the Roth IRA is too good to be true. To that end they released this notice saying they believe that certain transactions between a Roth IRA and related parties will be considered as Tax Shelters.

Forms and Instructions

IRS Form 5498

Asset Information Reporting Codes for Form 5498

Form 5498 — Errors by IRA Trustees, Issues and Custodians May Cause Tax Trouble