Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
IRA investments - how to deal with investor groups
Hi all, I'm putting together groups of investors to invest in RE. People asks me to invest with their IRA funds - what do I need to know / prepare?
Most Popular Reply
Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
- 6,238
- Votes |
- 17,848
- Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
Assaf, I don't see any issues with this setup, IRA can be a member of the LLC. Actually, it will be the IRA custodian who will be the member on behalf of the IRA for the benefit of the account owner. Unless Checkbook IRA structure is used, which allows the account holder to bypass the custodian. Is this your first LLC or have you done any deals like this in the past?
- Dmitriy Fomichenko
- (949) 228-9393
Sense Financial Services LLC
166 Reviews
4.9 stars