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Updated over 5 years ago,

User Stats

124
Posts
50
Votes
Adam Scheetz
  • Rental Property Investor
  • Staten Island, NY
50
Votes |
124
Posts

How to setup a Self-Directed IRA as an LLC?

Adam Scheetz
  • Rental Property Investor
  • Staten Island, NY
Posted

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.

  1. I want an IRA in which I can dump money and use said money for investing and reinvesting.
  2. Do I need to OWN an LLC within my IRA in order to purchase these properties?
  3. 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

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