Friday, December 10, 2010
204-TNG Radio - Tom Anderson 12-11-10
This week Bruce is joined by Tom Anderson. Tom is the chairman and founder of PENSCO Trust Company. He is considered by many to be the national expert on the topic of self directed IRAs. Bruce and Tom discuss prohibited transactions, the IRS and the Department of Justice, real estate investors using their IRA for investing, disqualified persons and Internal Revenue Code 4975, how lenders can be fined for being involved in prohibited transactions, prohibited linked transactions, and much more.