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A comment on The QSBS Tax Exemption: A Valuable Benefit for Startup Founders and Builders. Parent comment

Re:The QSBS Tax Exemption: A Valuable Benefit for Startup Fo... by mmd45 on Friday August 27, 2021 @08:31AM (#28326966)
Is there a write up of how do be your own custodian? I'm paying a trust company annual fees to basically file irs form 5498 for multiple iras that only own an llc. I would pay money for information on how to do this.
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Re:The QSBS Tax Exemption: A Valuable Benefit for Startup Fo... by divbzero on Friday August 27, 2021 @02:54PM (#28331646)
I tried to look into this and as far as I can tell you cannot actually be your own custodian for IRAs. There are of course self-directed IRAs where you can hold non-traditional investments, but they still require a third-party custodian.
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