Death of the Checkbook IRA Turn on screen reader support

Taxpayers are NOT allowed to use their IRAs as a piggy bank. 

If you have an LLC inside of your IRA and you’re using it to write checks to take possession of precious metals or doing real estate deals — it’s all disqualified now!

It was a BIG mess! Avoid penalties, don’t go cheap and do your research if you’re working with people or businesses who claim to be tax experts.

What We Discuss:

• 00:00:00 Intro
• 00:00:16 Major Breakthrough in the tax court (BIG DEAL!) 
• 00:01:12 The Solution is…
• 00:03:35 Shortcuts will cost you  
• 00:04:35 We have to ask better questions
• 00:005:20 Lottery Ticket aren’t the solution 
• 00:006:50 Invest in YOU
• 00:007:20 Highlights of the verdict
• 00:008:26 Do your research

Episode Resources

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