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You will probably find it to be almost impossible, and if you do, you
can be assured that anyone who does, doesn't know what they are doing.
Limited partnerships produce "unrelated business income" (see the IRS
regs for a definition) and IRAs which receive this type of income are
automatically disqualified as IRAs.
Haven't looked at the actual regs myself in the past three years, but
this concept is so entwined with the tax law I don't believe that it
will ever change.
Richard Funkhouser
Sethw2@xxxxxxx wrote:
Is anyone using a custodial firm that they are happy with that allows self directed IRA's to invest in limited partnerships?
TIA,
Seth
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