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Updated almost 8 years ago,

User Stats

177
Posts
68
Votes
Sandy Sawyer
  • Realtor
  • Houston, TX
68
Votes |
177
Posts

Looking for a way to invest my ROTH money

Sandy Sawyer
  • Realtor
  • Houston, TX
Posted

Please forgive me it this ground has already been covered, but I've read that I can use the money in my (and husband's) ROTH IRA to fund investments, but better to put them in an LLC that I can manage the checkbook. Is this still a viable option? I was at the Houston REIA last night talking with a girl from Quest and she told me that's a prohibited transaction, for me to personally manage the LLC, that the custodian would have to do that. Any suggestions? I also don't want to bleed out in fees.

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