Hey Self Directed IRA guys - Question on the JOBS act

[Blair Poelman]

I know there are a couple custodians here on BP - sorry, for the life of me I can't find any of you guys but I know i've seen some of you here and I have a question that I'm sure you could answer:

Did the JOBS act make a change to how one can use a SDIRA to buy Real Estate, or the warranties that a seller is required to give a buyer, effective Jan 1, 2018?  

I either half-paid attention to a conversation today, or this guy was mistaken, but I thought I heard something like "the SDIRA can only be used if the seller's broker or the seller has a securities license, and the seller has to warranty a specific rate of return"

Are there new regulations on SDIRA's?

[Dmitriy Fomichenko]

Blair,

You probably misunderstood what you've heard. SDIRA can buy a property from anyone who is not a "disqualified person". Real estate broker handling a transaction is not required to have a securities license. Likewise, anyone can buy a property from an IRA (the same restriction above would apply).