Self-directed Checkbook IRA LLC FAQ Can I invest my Self directed IRA in my existing LLC?

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Self-directed Checkbook IRA LLC Question: I am considering setting up an IRA LLC to invest my Roth IRA funds in real estate. I already have an LLC for my business (which sponsors a Solo 401k).  Can I use the same LLC for this IRA and then open a separate checking account?


No.  One is not allowed to invest his or her IRA funds into an LLC that is owned by such person (or a related person such as a parent or spouse).

Instead a new LLC would need to be opened into which the Roth IRA funds would be invested.

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About George Blower

I have the privilege of educating our clients about our products and services so that they can make informed and confident decisions about their financial future. Prior to joining My Solo 401k Financial, I served as the general counsel for a subsidiary of a Fortune 500 financial services company. Learn more about George Blower and My Solo 401k Financial >>


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