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URL:  http://boards.fool.com/i-am-in-the-process-of-opening-a-self-directed-29862826.aspx

Subject:  Re: Self directed IRA Date:  2/21/2012  9:46 PM
Author:  aj485 Number:  70194 of 78166

i am in the process of opening a self directed ira
and buying a 4 FLAT WITH IT, FOR STARTS,
THEIR SEEMS TO BE A GREAT DEAL OF DOES AND DONT'S AS TO KEEPING THE IRA STATUS CAN ANYONE EMBELLISH ON PROPERTY MANAGEMENT DOES ANSD DONTS 101 FOR NEWBIES,


If you don't already know the rules, you need to STOP right now until you learn the rules.

- You need to find an administrator/trustee that will allow you to purchase real estate in the IRA.

- The IRA must cover ALL expenses for the property - taxes, insurance, insurance deductibles, repairs, maintenance, improvements, property management fees (which are necess