Permalink Submitted by Alan Spross on Fri, 2008-09-05 21:26
If the payor of the note is not a disqualified person or entity of which a disqualified person is a principal, then there should not be a prohibited transaction, ie not unless there is another non IRA transaction connected to this in some manner.
Permalink Submitted by Alan Spross on Fri, 2008-09-05 02:54
What is the relation to the person to whom the note is issued?
Permalink Submitted by Benjamin Hayes on Fri, 2008-09-05 12:48
There appears to be no prohibited relationship
Permalink Submitted by Alan Spross on Fri, 2008-09-05 21:26
If the payor of the note is not a disqualified person or entity of which a disqualified person is a principal, then there should not be a prohibited transaction, ie not unless there is another non IRA transaction connected to this in some manner.