The mention of a SEP IRA indicates you may be.While you could look at a self-directed IRA LLC (aka Checkbook IRA) with a SEP IRA, the Solo 401(k) plan format may be a better option if you qualify as self-employed with no employees.In either case, you can have direct control over the funds and deploy the tax-sheltered retirement savings into investments such as real estate.  

My personal IRA has averaged 14% since 2011 (when I opened it), and 17% over the past year.

I have seen clubs started by agents, contractors, lawyers, hard money lenders, and even an IRA group. 

Roth IRAs have no required minimum distributions during the lifetime of the person who started the IRA.

@Luciano ArmaniI did the self directed IRA.

@Medi Sarwary I put 100% in my self directed ira and keep a percentage semi liquid.

How do you personally allocate that money in regards to going toward an index fund/IRA or a future real estate investment?

So it's the Self-Directed IRA that needs an LLC, but the Solo 401k doesn't need an LLC?

*Outside of the legal issues as I’m sorting that out with my custodian*I’m interested in purchasing a short term rental with my self directed IRA.

I'm ideally trying to find someone I can establish a long-term relationship with for investing through my self-directed IRAs.