I already have the company to buy the silver coins from. I need the trustee to get the tax deduction.
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That’s a common misconception, you can invest in real estate with a self-directed IRA. The only reason this isn’t common knowledge is because the broker who sells you on the IRA doesn’t do real estate investments, so its not in his best interests to fully educate you. :\
An IRA, by definition, is deferred tax account. However, I did not use money inside the IRA to pay for the fee. I used "other money" from a non-IRA brokerage account. What is the form I use to list my fee’s (paid about K in 2007).
Is this bundled with other deductions to meet a threshold?
Is there anything else I need to know?
Thanks all
