Self Directed Investor Talk: Alternative Asset Investing Through Self-directed Ira's & Solo 401k's

3 things – very bad things – happen INSTANTLY, the very moment you commit a dreaded PROHIBITED TRANSACTION in your self-directed IRA, and you need to understand them.  I’m Bryan Ellis.  This is episode #221.  ----- Hello, SDI Nation!  Welcome to the podcast of record for savvy self-directed investors like you, where we help you build great wealth WITHOUT relying on Wall Street!  Be sure to visit SDIRadio.com/221 for today’s show notes and transcript and resources I mention in today’s episode. Over and over again, you’ve heard me warning you about the dangers of prohibited transactions in your self-directed retirement account, and particularly in self-directed IRA’s.  But today we’re going a bit deeper. But let’s start at the beginning:  What is a prohibited transaction Here’s a good generalization:  A prohibited transaction results whenever you use your IRA in such a way that you, or someone related to you, derives benefit from the money or assets of the IRA outside of the context of retirement.  So if you bu