In this completely revised and updated second edition, investors learn about the self-directed IRA and how to turn an IRA into a wealth-building tool that you control! Find out how to benefit from IRS rules and avoid problems. New IRS regulations and the self-directed IRA make it effortless to build up and keep hold of IRA money. With a self-directed IRA you can purchase real estate, a business, or invest in tax liens, stocks, or any investment allowed by IRS regulations. Learn how to set up your account with a custodian to deal with the day-to-day activities, and reap the benefits.