It goes without saying that any investment is made better if it can be sheltered from tax. So for this blog entry, we’d like to explain how to do that with any purchase of our notes.
Let’s start with the disclaimer that we are neither accountants, tax advisors, nor tax attorneys. What follows, therefore, should be considered as ideas or inspiration, rather than specific advice for any given situation.
With that said, individual retirement accounts (IRAs) were created to incentivize individuals to save more for retirement by investing in any of a wide range of products. We’ve all heard of various flavors, such as traditional, Roth, SEP, and self-directed (or SD-IRA). For today, let’s focus on the last of these—the SD-IRA—and what sets it