Key Questions When Self-Directing Your IRA

In this episode of the Directed IRA Podcast, Mat Sorensen and Mark J. Kohler tackle the ten most frequently asked questions they hear from clients, investors, and professionals about self-directed IRAs. Whether you're brand new to self-directing or looking to avoid common missteps, this episode offers clear, practical guidance grounded in real-world scenarios and thousands of consultations.They cover what your IRA can and cannot invest in, how prohibited transactions work, when to use a checkbook IRA or IRA LLC, how UBIT applies to certain investments, and what type of account is best for your goals. If you've ever wondered whether you’ll pay tax to self-direct, how to fund your account, or whether you're too old or too young to get started, this is the episode for you.Subscribe to the Directed IRA podcast for more episodes diving deeper into self-directed investing strategies. Visit directedira.com to learn more about taking control of your retirement investments.Chapters00:00 – Introduction to Self-Directed IRAs02:50 – What Can You Invest In?04:05 – Investment Restrictions and Limitations06:55 – The Prohibited Transaction Rules08:40 – Choosing the Right Account Type12:45 – Checkbook IRAs and IRA LLCs18:35 – Taxes, Penalties and Common Misconceptions24:30 – Finding Your Investment Strategy29:20 – Final Thoughts and DisclaimerFor questions or to learn more about this episode's topic, book a call with an IRA specialist here: https://directedira.com/appointment/Other:Mat Sorensen: https://matsorensen.comMark J. Kohler: https://markjkohler.com/ KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com