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  • 3 years ago
What You Need To Know About Self-Directed IRA's - MPSOS193

What You Need To Know About Self-Directed IRA's - MPSOS193

Full notes at http://SteveStewart.me/193
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In this episode: 
Interview with Kirk Chisholm <2:22>
Many people are being lured by the attractiveness of directing their own retirement plans. The trick is to do it right and have an asset, business, or income-producing entity that makes sense for YOUR retirement planning.
Kirk Chisholm is my guest today. Kirk is a Wealth Manager, Economist, & Principal at IAG. He is also an expert of investing in alternative investments in self-directed IRA / 401k
Key takeaways from our discussion:

Self-directed IRAs are a great arrangements for making non-traditional items become tax-deferred investments
There is no guidance for what you can put into a self-directed IRA
There are some unusual things people have turned into self-directed IRA investments
A 1031 exchange is not a self-directed IRA
We learn

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