Read The SelfDirected IRA Handbook Second Edition An Authoritative Guide For Self Directed Retirement Plan Investors and Their Advisors Mat Sorensen 9780692122402 Books

Product details Paperback 337 pages Publisher SOKOH Publishing; 2 edition (May 8, 2018) Language English ISBN-10 0692122400

The SelfDirected IRA Handbook Second Edition An Authoritative Guide For Self Directed Retirement Plan Investors and Their Advisors Mat Sorensen 9780692122402 Books Reviews

• This should be required reading for anyone who plans to retire one day (EVERYONE!). Matt is the expert in this area and his book simplifies the process and shows the advantages of self directing your IRA. He also works to keep readers on the right side of the rules. After reading the book I decided to move my SDIRA to his new trust company (DirectedIRA). I hope you get as much out of it as I did. I’m investing in metals and real estate and feel much safer than being in the market.
• I highly recommend reading this book, followed by going over the articles on Mat's blog sdirahandbook.com. Finally, I found it well worth setting up an hour consultation with Mat's law firm, kkoslawyers.com, to go over specific questions for my case. I believe there's a typo in the book Section “DIAGRAM 11.1, WHEN CAN AN IRA INVEST INTO A PRIVATE
  COMPANY?” page 263, the diagram shows that if a specific seller of
  shares is NOT a disqualified person, the IRA can’t invest. Also, if
  disqualified persons DON’T own 50% or more of the company, the IRA
  can’t invest. I believe this should be reversed. When the person is disqualified, the IRA can't invest.
• This is such a great resource for those of us that want to self-direct our retirement accounts while carefully following all the proper regulations. The author provides so many concrete scenarios and FAQs, backed by clear citations of how the courts have made decisions or provided guidance. You'll read lots of opinions online from various experts about what can and cannot be done with SDIRA investing, but too often they don't provide any data to back up their stance.
• This book is awesome! Anyone studying or consider themselves well versed in self-directed IRA's should get this book. There are numerous rulings on tax court cases that will help you stay away from prohibited transactions or self-dealings. This book is more like a reference book. You can start with any chapter. I highly recommend.
• It is really hard to find a good CPA who can able to guide through the various tax strategies for a small business owner without breaking their bank!
  
  I was familiar with SDIRA and real estate investment through it. When I tried to understand the solo 401(k) it was not that easy.
  
  This book help clarify the inner working of the solo 401(k). Each major aspect of the strategy is well illustrated through flow chart that is easy to grasp and implement.
• The book is the foremost authority on all things self-directed. The book complies extremely complex rules and authorities and explains them in a manner that is easy to understand and utilize. The tips and tables give real world examples of what we face as investors which help you figure out the limitations and drawbacks of the particular structure. For sure a must read and have as a periodic reference.
• Easy to read and understand if you're new to this type of investment strategy, especially the many examples showing how the tax laws apply in real world situations. But also full of references to IRS Codes and court cases which makes it an essential tool for those working in this area of retirement planning. This is unique and must have reference if you wish to self direct your retirement account.
• Great second addition handbook. With even more useful information than the first. Easy to read and follow. A purchase you won’t be disappointed in. MUST READ!!! -JP