Limited Liability Company
IRA LLC Mistake #1 – Making Contributions to the IRA LLC The most common IRA LLC mistake happens when the Self-Directed IRA owner wants to make an annual contribution to the IRA and does not send it to the IRA Custodian first, but instead writes a check to the...
Checkbook Control IRA LLC
I recently interviewed a couple that used a limited liability company to take checkbook control of their retirements funds. His IRA invested $60,000 into the IRA owned LLC and her IRA invested $40,000 into the IRA owned LLC. So the LLC had $100,000 in the business...
Limited Liability Company
Today I want to talk about another way you can use a Checkbook Control IRA LLC to be a hard money lender or a hard money borrower. First let us define a hard money lender. A hard money loan is a specific type of asset-based loan financing through which a borrower...