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Updated over 5 years ago on . Most recent reply

Account Closed
  • Investor
  • Vancouver, WA
63
Votes |
315
Posts

Self-Directed IRA LLC Bank Account Question

Account Closed
  • Investor
  • Vancouver, WA
Posted

I wish to start an IRA LLC with two bank accounts. One with pre-tax funds from a 401k roll-over and the other with post-tax funds from a ROTH IRA. Does the IRS require two separate LLC's to manage the pre and post tax fund? I'd rather have one LLC with two accounts. Thank you for your concern.

Most Popular Reply

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2,072
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Carl Fischer
  • Rental Property Investor
  • Ambler, PA
1,382
Votes |
2,072
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Carl Fischer
  • Rental Property Investor
  • Ambler, PA
Replied

@Account Closed

You can have no Llc or 1 LLC or 2 LLCs, or3 LLCs, etc. no IRS problems- what ever you direct. Work with your attorney, cpa, Ira company to get it completed correctly.

  • Carl Fischer
  • [email protected]
  • 215-283-2868
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