Best Practices When Investing in Private lending and Private Equity With a Checkbook Control IRA
Some of the best, and highest-return investment opportunities, you may encounter will often come in the form of off-market, non-public investments. These common off-market opportunities may include short term lending to a local real-estate developer, a secured or...
Things to Remember When Buying Real Estate With an IRA LLC
Real estate is by far the most common investment held by IRA LLC's, and for good reason. The IRA LLC structure allows you to control the flow of money, execute agreements at a moment’s notice, maintain privacy, as well as benefit from a degree of limited liability...
How to create a Single-Member IRA LLC / Checkbook IRA
So you've decided to fund a single-member IRA LLC / Checkbook IRA. Now what? If you are like many others, the process of creating an IRA LLC can seem vague at best and near impossible at worst. While much of the confusion comes from the varied processes of the...
Can Your IRA Partner With A Disqualified Person?
Partnerships between Your IRA LLC And Disqualified Persons One common misconception among IRA investors is that your IRA, or IRA LLC, is absolutely forbidden from interacting with any disqualified person on any deal. While it's true your IRA/IRA LLC cannot "transact"...
IRS Rules – IRA Prohibited Transactions
What is a Prohibited Transaction? While vague in nature, the Prohibited Transaction guidelines do provide a solid foundation of things an IRA owner should avoid. According to the IRS, a prohibited transaction is, “any improper use of an IRA account or annuity by the...
IRS Rules – IRA Disqualified Persons
Given the tax benefits afforded to IRA accounts, the IRS has a keen interest in ensuring that your retirement account is not used in a way which will provide you (personal) benefit prior to paying your due tax. With that said, there are a number of guidelines you must...
Custodial IRA Investment vs Checkbook IRA Investment
In the world of self-directed IRA investing, there are essentially two investment types, these are "direct" and "indirect". However, before jumping in to these two ownership structures, let us first explore the end goal, or rather, your intended investment. The end...
What is a Checkbook Control IRA?
In simple terms, a Checkbook Control IRA is an investment structure where the IRA account is an owner or “member” (jointly or fully) of a newly created LLC or other business entity type. This entity is then managed by the IRA account owner, giving them complete...
What is a ”Self-Directed IRA”?
While you have likely heard of it, the Self-Directed IRA is really nothing more than marketing term, it’s industry lingo; a descriptive term implying that you have control over the investments made by your IRA account, but understand that a self-directed IRA is not a...
Why Invest Using an IRA account?
“The power of compounding is so great that our first job as investors is to avoid anything that might short circuit it” - Ira Rothberg Quite often I am asked what the benefit is of investing with an IRA account. A question that never ceases to surprise me. Simply put,...