Self Directed IRA Rules Stipulate a Hands Off Approach
January 4th, 2012 . by adminWhen using a self directed IRA to invest in a real estate venture, you might want to have a very hands on approach to how your money is being used. While it is reasonable to be updated and kept in the loop as to how the project is proceeding you need to be careful not to over step your role. The self directed IRA rules state that you cannot actively participate in the purchase, rehab or even the sale of the property. It may be tough to do, but a hands off mentality is required here.
