Self-Directed IRA Alternative Investment Transactional Mastery Quiz 6
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Question 1 of 5
True or False: When money is loaned via a self-directed IRA account, the borrower should make out the check for the repayments directly to the IRA account owner.CorrectIncorrect
Question 2 of 5
A(n) __________ loan will have property or some other underlying asset that is pledged as collateral.CorrectIncorrect
Question 3 of 5
Unsecured loans are considered to be _____ risky than / as secured loans.CorrectIncorrect
Question 4 of 5
Which of the following individuals or entities are you allowed to loan money to via your self-directed IRA account?CorrectIncorrect
Question 5 of 5
A(n) __________ can help you to ensure whether or not an underlying property is worth as much, or more, than the amount of money that is being borrowed from your IRA account.CorrectIncorrect