by | | Most Popular Posts, Uncategorized
How to Get Started with a Check Book IRA By Alisha Bennett If all of this is new to you, and you’re wondering, “Where do I start to find out about the Check Book IRA?”, then this article should be helpful. First – Read and understand the definitions of the following:...
by | | IRA LLC, Most Popular Posts, Self Directed IRA, Testimonials
Check Book IRA Client Buys and Leases Out Oil Tanker in North Dakota We received a call from one of our clients that had a tax related question and while on the phone I asked him what he was doing with his IRA LLC. “Oh, I’m in the oil business”, he said. I quizzed...
by | | Client Questions, Common Questions, IRA LLC, Most Popular Posts, Prohibited Transactions, Self Directed IRA
IRA Prohibited Transaction Chart Occasionally we get clients that have a difficult time understanding what a Prohibited Transaction entails. Basically it is either investing in something prohibited or dealing with a prohibited party. It sounds complex but it’s really...
by | | IRA LLC, Most Popular Posts, Self Directed IRA
IRS Filing Requirements for a Multi-Member CheckBook IRA LLC by Jordan Sheppherd In an earlier post entitled IRS Filing Requirements for a CheckBook IRA LLC, I explained why a single-member IRA LLC or an LLC with one IRA as the owner was not required to file a Federal...
by | | Client Questions, Common Questions, IRA LLC, Most Popular Posts, Prohibited Transactions, Self Directed IRA
Who’s Got Your Back? A large number of prospective clients in the last few months have mentioned how difficult it is to find someone who can adequately answer their questions regarding the CheckBook IRA structure. If they try to lay out a possible transaction,...
by | | IRA LLC, Most Popular Posts, Self Directed IRA
Making a Distribution with the CheckBook IRA LLC By Jordan Sheppherd The subject of this post fits squarely within the bounds of a Frequently Asked Question. If you have an IRA, you’re going to eventually make distributions. If you’re of a certain age, you...
