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Updated over 5 years ago,
How to setup a Self-Directed IRA as an LLC?
My strategy for investing includes Buy & Hold, financing flips, and of course Lease Options!
How can I best setup an IRA in which I can own an LLC to purchase and acquire properties, that are LLC's themselves?
Sorry if this is convoluted. I'll attempt to clarify if the previous statement is confusing.
- I want an IRA in which I can dump money and use said money for investing and reinvesting.
- Do I need to OWN an LLC within my IRA in order to purchase these properties?
- Once acquired, I intended to setup an LLC for each property that I plan on holding long term.
I look forward to some far more intelligent people offering their opinions.
Thanks,
Adam Scheetz