Re: Self-directed IRA Trustees?


From: esslady@ix.netcom.com
Subject: Re: Self-directed IRA Trustees?
Date: Wed, 16 Feb 2000 11:31:48 -0500

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persfin@lists.xmission.com (Alan Kay) wrote:
> A friend of mine is looking for a trustee for a self-directed IRA. He would like to use his IRA money for second mortgages. Which trustees will allow 
this? Are there directories are listings of such trustees somewhere?
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I have a self directed IRA with Lincoln Trust Company outside of Denver.  Mine is stock in a privately held company.  I know Lincoln does real estate investments.  They're a little flaky, but it's difficult to find anyone to handle such investments, so I watch their accounting carefully and do a lot of calling.  Sorry that I don't have the address/phone number particulars with me (I'm at work -- my home computer is very, VERY sick!).  I will try to bring them with me tomorrow.  If I forget, please email me at esslady@ix.netcom.com and I will get the info to you.

Elaine

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