Tag Archives: checkbook IRA

IRA LLC
Solo 401k

60 Day In-Kind Rollover of Self-Directed IRA LLC (aka Checkbook IRA) from Kingdom Trust to a Self-Directed Solo 401k

November 30, 2022 | By Mark Nolan

An IRA including a self-directed IRA LLC (aka checkbook IRA) held at a self-directed IRA custodian such as Kingdom Trust may be rolled over to a self-directed solo 401k. While the preferred method of moving any IRA to a solo 401k is via a direct rollover instead of a 60- day rollover, some IRA custodians […]

IRA LLC

How do I take required minimum distributions from my IRA LLC?

November 8, 2022 | By George Blower

Self-directed IRA Question Answered – How do I take required minimum distributions from my IRA LLC?

IRA LLC
IRA LLC

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

September 30, 2022 | By George Blower

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?

IRA LLC

Self-directed Checkbook IRA LLC FAQ – Can I open the bank account for my IRA LLC at any bank?

September 22, 2022 | By George Blower

I am looking to set up a Roth IRA LLC to invest in real estate.  Can I open the IRA LLC bank account at any bank?

IRA LLC

Self-directed Checkbook IRA LLC Question Answered – How should I name my IRA LLC?

September 21, 2022 | By George Blower

I am thinking of setting up a Roth IRA LLC to invest in cryptocurrency. Should one name his/her Roth IRA LLC containing parts of his/her name? or use a non-personal name?

IRA LLC

Self-directed Checkbook IRA LLC Question Answered – How to purchase real estate with my IRA LLC?

September 20, 2022 | By George Blower

Self-directed Checkbook IRA LLC Question Answered – How to purchase real estate with my IRA LLC?

IRA LLC

Self-directed Checkbook IRA LLC FAQ – How can I invest my Fidelity IRA in alternative investments?

September 9, 2022 | By George Blower

Self-directed Checkbook IRA LLC FAQ – How can I invest my Fidelity IRA in alternative investments?

IRA LLC
Regulations

Checkbook Control IRA LLC Recent U. S Tax Court Case – McNulty v. Commissioner, 157 T.C. No. 10 (Nov. 18, 2021)

November 29, 2021 | By Mark Nolan

Filed November 18, 2021 (ANDREW MCNULTY AND DONNA MCNULTY, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent), a taxpayer’s self-directed IRA was deemed as involved in a taxable distribution because the tax payer (McNulty) stored at her home the American Eagle gold coins purchased through her IRA owned LLC ( IRA LLC, also known as a […]

IRA LLC

The Self-Directed IRA LLC Promissory Note Investment Do’s and Don’ts

July 16, 2021 | By Mark Nolan

Next to investing in real estate through a self-directed IRA LLC, investing in promissory notes is also a very popular self-directed IRA LLC investment.  We have put together the following guide for review prior to investing your self-directed IRA LLC in promissory notes investments. Video Slides: The Self-Directed IRA LLC Promissory Note Investment Do’s and […]

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    We help our clients take control of their retirement money. Our products and services provide our clients the freedom to invest their retirement savings in their own business as well as alternative investments such as real estate, private companies, promissory notes, precious metals, tax liens and equities.
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