For those wanting to read the actual code in its entirety, please see http://www.law.cornell.edu/uscode/26/usc_sec_26_00004975----... Truly thrilling reading--I only made it about half-way through before the words started getting jumbled. Considering that I have NOT made it to the end, that I have only done one reading, and that I've not yet read all the cross references, there are two sections that caught my attention with regards to the self-directed IRA. 4975(c)(1)(C): Prohibited Transaction--General Rule--For purposes of this section, the term “prohibited transaction” means any direct or indirect...furnishing of goods, services, or facilities between a plan and a disqualified person....4975(d)(2): Exemptions--Except as provided in subsection (f)(6)[Exemptions not to apply to certain transactions], the prohibitions provided in subsection (c) shall not apply to...any contract, or reasonable arrangement, made with a disqualified person for office space, or legal, accounting, or other services necessary for the establishment or operation of the plan, if no more than reasonable compensation is paid therefor....Kathleen
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