Posted by Bud Branstetter on November 24, 1998 at 15:30:02:
The average mutual fund trustee would not allow those type investments. Certain trustee’s may. Others may not for administrative purposes. How would they value a lien you bought for 10 cents on the dollar.
retirement - Posted by Cricket
Posted by Cricket on November 23, 1998 at 17:49:02:
Can judgements be purchased through a self directed IRA?
(How about mechs liens and chargeoffs?)
Should this be done through a specialized trustee or
would the average mutual fund trustee be able to handle it?
Thanks, Cricket
Bud is right on the money - Posted by William L. Exeter
Posted by William L. Exeter on November 24, 1998 at 16:13:11:
Bud is correct. A limited number of IRA custodians will accept these types of assets, but the valuation issues are the problem. We have accepted some of these in IRAs, email me if you are interested.
Bill Exeter
Security Trust Company