BP podcast 258, self-directed monies

[Sonny Ruckstuhl]

There were 2 commenters after this podcast, but no responses from anyone about their issues.

In the podcast, it was not clear whether the person interviewed violated IRS rules about using self-directed retirement monies on projects he did.  I am trying to understand what exactly he did and how it stayed within the bounds of IRS rules.

There weren't enough details given as to how the self-directed money was used on a project that either he (or his company) worked on and stayed legal with the IRS.

@Brandon Turner @Amanda Han @Dmitriy Fomichenko, any insights available?