Re: Roth/Investment Question
Originally Posted by macdaddy
I have an unusual question about Roth IRAs.
You sure do, and I'd be interested to see the answer too.
A couple suggestions:
- What does IRS Pub 590
- Is the custodian willing to make the purchase?
- For esoteric IRA questions, try the CPAs at Ed Slott's IRA Help board
. They keep up with all the private letter rulings and other nit-picking details of these minefields.
BTW the phrase "sell to myself" implies self-dealing, which I believe is considered by the IRS to be a prohibited IRA transaction. But there may be mitigating circumstances.
The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.