by | | Common Questions, IRA LLC
With an IRA LLC you get complete and total control of your retirement funds. If you only have a self-directed IRA, your funds would be held by the Custodian, and you would have to go through them for each and every transaction/investment. With a CheckBook IRA, your...
by | | Common Questions, Self Directed IRA
What is a Self-Directed IRA Custodian? By Jordan Sheppherd Substantially, a “self directed IRA Custodian” is no different than any other Custodian. An IRA is technically a trust, and any Custodian is technically the trustee of that trust. As a result, since the trust...
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 | | Common Questions, IRA LLC, Self Directed IRA
This is one of those questions that most prospective clients ask when they call us for the first time. They want to set up a Check Book IRA LLC, but they don’t necessarily want to pay the setup fee out of pocket. The answer is yes; your IRA may pay the setup fees...
