Entries by Jim Hitt

How Self-Directed IRA Owners Can Spot Ponzi Schemes – Before It’s Too Late

Most of our Self-Directed IRA clients at American IRA are comparatively savvy, experienced investors, and so rarely fall prey to investment scams. However, every year, a few Self-Directed IRA owners and others get deceived by professional con artists and sociopaths, and get ensnared by a Ponzi scheme. According to Kathy Bazoian Phelps, a California attorney […]

Self-Directed IRA Prohibited Transaction Rules

The Individual Retirement Arrangement, or IRA, is a tremendously flexible financial vehicle that offers investors a wide range of investment options for diversification and potentially better returns. But there are a few restrictions, which are particularly important for Self-Directed IRA owners to understand. While violations are relatively rare, a few Self-Directed IRA owners have incurred […]

Mortgage Funding With Your Self-Directed IRA

Real estate is a proven, solid wealth generator and long-term store of value and wealth. But the current real estate bull market is getting a little long in the tooth. We’re seven years into it already. And of course, the real estate bull market could last another seven years – or we could see a […]

Self-Directed IRA and the ‘Backdoor Roth’

At American IRA, many of our Self-Directed IRA clients are very successful. Sometimes, extraordinarily so. And so some of them find themselves restricted from making tax deductible contributions to a traditional IRA, or even from making new contributions to their Self-Directed Roth RAs. That’s where the so-called ‘backdoor Roth’ contribution comes in for Self-Directed IRA […]