Welcome to the Easy IRA LLC blog! You can find articles about the Checkbook IRA LLC, the self-directed IRA, alternative investments, prohibited transactions, IRS rules and regulations, retirement strategies and much more. Remember that knowledge is power and we always encourage you to seek professional guidance from your CPA, your Attorney or your Financial Advisor.
We recently spoke with one of our clients, Jayce, about his experience investing in real estate with his IRA LLC and the convenience of acting as manager of his IRA LLC.
Many people who research the self-directed IRA encounter terms like Checkbook IRA, Checkbook Control IRA, IRA LLC and other similar expressions.
Precious metals owned by an IRA LLC should be stored with an IRS-approved depository. Precious metals owned by your IRA cannot be stored at home.
You can own precious metals in an IRA LLC. Using your Easy IRA LLC, you can purchase some of the most popular metals like gold, silver and palladium bullion.
All self-directed IRA investors should have a basic understanding of UBIT, Unrelated Business Income Tax and how your investment strategy can trigger it.
A prohibited transaction is a transaction between a retirement plan and a disqualified person. In the event you commit a prohibited transaction, you must pay a tax, and the IRS may also impose a...
A checkbook control IRA LLC provides a checking account that holds your retirement funds allowing you, as manager of the IRA LLC, to invest in what you choose and when you choose.