Personal Finance
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Offshore Self-Directed IRA LLC & UBIT - Real Estate & Trading
Hi All,
I'm looking at establishing an Offshore Self-Directed IRA LLC in Belize in order to invest into a variety of foreign properties.
Current mapped out process => Custodian => Offshore SDIRA LLC => UBIT Blocker Corp => Real Estate Investment 1 w/ non-recourse loan.
I'm feeling confident on the above. However, while I'm evaluating properties, I don't want to have my funds tied up so I'm trying to think of the best way to invest funds from my Offshore SDIRA LLC into a brokerage account in order to trade stocks without getting hit with UBIT. I know I can have my custodian request to transfer funds into a different Self-Directed IRA account (which won't trigger the UBIT), but I'm trying to eliminate that hassle for every time I want to move money between my "UBIT Blocker Corp" & "Brokerage Account".
Ideal scenario would be to have my Offshore SDIRA LLC to have a brokerage account (TD Ameritrade) that I can pull funds from when ever needed, while also not getting hit with UBIT.
Any help our guidance would be much appreciated,
Nathan