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Updated about 6 years ago,
LLC's and Self-directed IRA's
Good afternoon BP members,
Question:
I found an opportunity to invest in a Real Estate property. However I would like to do this via a Self-Directed IRA account.
Would I need to create a separate LLC for the Self-Directed account( essentially having two LLC's..one for my business and one for the SD-IRA)? or can I just create a single LLC for my real-estate Business and have the Self-Directed account listed as a member?
any help would be greatly appreciated.