by | | Common Questions, Most Popular Posts, Prohibited Transactions, Self Directed IRA, Uncategorized
One of the most frequent questions I hear is, “What will this structure cost me annually?” Bascially, you may have two types of fees each year. Custodian fees (for the IRA) and State fees (for the LLC). Custodian Fees Our Custodian Our Qualified...
by | | Prohibited Transactions, Real Estate, Uncategorized
You Can’t Do That! Prohibited Transactions 101 By Alisha Bennett This is the first post in a new series we will be doing, entitled “You Can’t Do That!” In this series, we will be examining transactions that would be considered prohibited under IRC...
by | | Common Questions, IRA LLC, Prohibited Transactions
IRA LLC & Rental Property: A Common Mistake By Jordan Sheppherd I received a call from a woman in North Carolina who was interested in using the CheckBook IRA LLC structure to buy rental property. I had explained the process and how it works for about fifteen...
by | | IRA LLC, Prohibited Transactions
In Part I, we talked about prohibited transaction rules in general; in Part II, we talked about prohibited parties specifically; and in Part III, we talked about prohibited entities. Now that we’ve covered some ground, let’s put it all together and look...
by | | IRA LLC, Prohibited Transactions
Prohibited Transaction Rules, Part III: Disqualified Entities By Jordan Sheppherd In Part I of this series we defined a prohibited transaction, and in Part II we looked at who the disqualified persons are to your CheckBook IRA LLC. Next, we’ll look at disqualified...