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Updated over 11 years ago,
Educatoin Expenses in SDIRA?
I think I likely know the answer to this one, but thought I would check here too.
I am getting a good grip on the rules within a SDIRA for the most part as far as Prohibited Transactions & Self Dealing and the fact that you can manage screening showing etc... but NOT be compensated for it.
Does that mean there is no way within a SDIRA to pay for things such as a "Pro" membership here at BP, educational seminars, etc.....?
I am not even really concerned with 'writing them off' per say, but just paying for them. My IRA account is good sized but personal cash flow it a bit tight. Not sure if I should be happy for the first one or sad for the second one ;-)
Thanks, Dan Dietz