E350 - Is This the END of Self-Directed Retirement?

<p><span style="font-weight: 400;">I’m not trying to be alarmist, but this is a BIG one…</span></p> <p><span style="font-weight: 400;">Currently, several changes are being proposed that could have a disastrous impact on the world of self-directed retirement</span></p> <p><span style="font-weight: 400;">As some of you might have heard, it was recently revealed that Peter Theil has a self-directed IRA worth several billion dollars. </span></p> <p><span style="font-weight: 400;">This inspired politicians to clamp down on the world of SDIRA’s, and now the entire industry could be in jeopardy.</span></p> <p><span style="font-weight: 400;">In fact…</span></p> <p><span style="font-weight: 400;">If these proposals are enacted, it could mean the end of the world of self-directed retirement as we know it.</span></p> <p><span style="font-weight: 400;">Not only would they impact the mega-IRA owners like Peter Theil, they would affect a HUGE percentage of the listeners of this program.</span></p> <p><span style="font-weight: 400;">Today, we are joined by Kaaren Hall, the president of uDirect IRA Services, a self-directed retirement account provider, to discuss the matter and what you can do.</span></p> <p><span style="font-weight: 400;">In this episode, we are going to discuss…</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Would these proposals end our ability to invest in private placements within our SDIRAs?</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Would we be forced to sell our interest in private placements? What would that mean for the real estate market as a whole? </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The proposal includes an END to IRA-owned LLCs. What would this mean for those who have one?</span></li> </ul> <p><span style="font-weight: 400;">Typically, I try to avoid paying much attention to “purposed” regulations, but given that most politicians don’t understand the n