I recommend the OP engage with a competent CPA or EA to complete the filings. 

The best protection of assets is to not have any assets to protect, and/or not engage in risky activity. 

If you engage your IRA in an active business such as flipping properties then income of an IRA generated by this activity will be subject to Unrelated Business Income Tax (UBIT), but again - the IRA will be responsible for this, not you personally. 

Like a card player going into a game without sufficient reserves for a bad or misplayed hand, you need to bring money into this game or risk losing your shirt.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.Bigger Pockets has various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.

It kills people’s engagement and motivation if you constantly question their decisions, and tell them what to do (and you end up spending more time managing the people, than the results).

As they say in hockey "A good player goes where the puck is while a great player goes where the puck will be."

Below are some quick links to get engaged on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/invitesREI books suggested by BPershttp://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

I am a 48 y/o recently divorced mother of 3 and as such it is time to begin living my dream and making ridiculous amounts of money while engaging in my passion of flipping and managing residential properties.I am the executive director of a non-profit, non-subsidized, affordable housing community.  

Below are some quick links to get engaged on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/invitesREI books suggested by BPershttp://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?