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Updated over 6 years ago,

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5
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0
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Jack Brethauer
  • Rental Property Investor
  • San Francisco, CA
0
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5
Posts

Has anyone established their own LLC for SDIRA without a lawyer?

Jack Brethauer
  • Rental Property Investor
  • San Francisco, CA
Posted

Hi BP community - Has anyone done the legwork of establishing their own single member LLC for their self-directed IRA? My CPA/attorney can do it for me of course but wants $3500 to do it, which is typical for CA. I've used him one before for an LLC but realize there's a lot of boilerplate and window dressing in that cost (fancy certificates, embossed stamp, etc.). I'm trying to weigh not just the potential savings in dollars but the value of risk mitigation and having him in the loop since he also does my taxes and estate planning.

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