Tips on Setting Up a Self Directed IRA 

Many investors erroneously believe that their IRA custodian conducts these due diligence investigations, but this is not necessarily true. The custodian is just one member of your due diligence team, one part of your circle of trust. As an Internal Revenue Service requirement, an IRA custodian is essentially a record keeper for your IRA account; the custodian is also responsible for tending to all of the IRS reporting for your IRA account. While it’s important to understand what an IRA custodian does, it’s also important to understand what is beyond their scope of responsibilities.https://www.sunwesttrust.com/news/tips-setting-up-self-directed-ira-team.html