Dan,you can't have a checking account for an IRA, this is custodian's role - have custody of your funds and IRA assets.

They are not able to custody assets and are not approved or overseen by the IRS or banking regulators.

Checkbook control is going to be the most effective solution to the issues that lead to custodial complaints.

Custodians are permitted to custody assets held in an IRA under IRC Section 408.

Account Closed you can invest in the stock market but generally, only through a custodial account (parents on the account or manage it for you), that's what I did as a minor.

Can you evict a tenant for having children that they do not have full custody of staying at the house when you didn't know they would be prior to the lease?

Stripe handles payments for tons of awesome companies, including, coincidentally, BiggerPockets.While we have many internal safeguards that I’ll talk about in a second, understand that Cozy never takes custody of your funds during a payment transaction.

The children are in Child welfare services custody.

I preferred a qualified plan without exorbitant annual custodial and transaction fees (which aren't necessary, lesson learned).

Special rules apply to financing an IRA property such as potentially paying what is called UBT tax and a requirement that the financing be non-recourse.3) There are custodial costs and fees associated with setting up and maintaining a self-directed IRA account and/or adding checkbook control which need to be factored into your analysis.4) Properties that have potential to appreciate substantially are better suited for a Roth IRA then those that don't have the potential as the gain is tax free if and when you sell or distribute. 5) The tax free nature of a Roth IRA is far better for real estate then the tax deferred nature of a traditional IRA as eventually, any income and gain in a traditional IRA comes out under ordinary tax rates without the benefit of depreciating the property.