What are Types of Investments I Cannot Make with a Self-Directed IRA?
These types of prohibited transactions appear to be the most common type of prohibited transaction in the Self-Directed IRA context. Because the IRA owner is a fiduciary in the Self-Directed IRA context, he or she cannot use the IRA funds to directly or indirectly benefit himself or herself. The fiduciary prohibited transaction rules are applicable, regardless of whether there is a Disqualified Person on the other side of the transaction. Fiduciary prohibited transactions appear to be the most common type of prohibited transaction in the Self-Directed IRA context. The IRA owner is a fiduciary to a Self-Directed IRA and cannot use the IRA funds to directly or indirectly benefit himself. The fiduciary prohibited transaction rules under Code Section ยง4975(c)(1)(D) and (E) are applicable, regardless of whether there is a Disqualified Person on the other side of the transaction. The fiduciary prohibition transaction rules do not permit IRA owners to direct the IRA trustee to enter into any
