Thread: Side Hustle
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Old 07-18-2021 | 12:52 PM
  #870  
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Originally Posted by JamesBond
What kind of disaster do you foresee one would be flirting with?
Taxes and prohibited transactions are the potential landmines.

If you can explain UBIT and IRC 4975, you are probably safe. If either of these are unfamiliar, learn them both well enough to teach them before setting up a SDIRA.
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