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Re: The "Trader Status" audit



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Gary
I liked your idea of having your retirement plan hire you as a trading 
advisor to avoid it being considered a business. The suggestion I make is to 
incorporate, or form an LLC first so as to put even more distance between the 
owner of the IRA (you) and the Trader (the corp).  I can't say for sure if it 
will fly 100%, but it certainly was creative, and I like it. I think with the 
Corporation as the trader it will at least stand a chance of holding up under 
scrutiny. If you set it up in Nevada, then there is more privacy and you can 
even issue bearer shares there. Also as a Corp you will probably stand a 
better chance of the trustee paying you out of the IRA as a 
Trading/Investment advisory management fee. Good luck with it and keep me 
posted on how it works out.

Regards
Ted Tesser