When Should You Use an IRA/LLC or Checkbook IRA?

To establish an IRA/LLC, schedule a call with our team at Directed IRA to get started!: https://directedira.com/ira-llc/Get a consult with a tax attorney at KKOS Lawyers to see if an IRA/LLC is right for your situation: https://kkoslawyers.com/services/irallc/One of the most common questions we receive from self-directed investors is: Do I need an IRA LLC?The answer depends entirely on what you’re investing in and how you plan to invest. For some investors, an IRA LLC can provide speed, flexibility, and greater control over investment activity. For others, it may add unnecessary complexity and cost. In this special Directed IRA Podcast, Mat Sorensen and Ashley Burr (Senior Attorney at KKOS Lawyers) will discuss when an IRA/LLC makes sense, when it doesn’t, and the key legal and compliance considerations investors should understand before setting one up.we’ll cover:What an IRA LLC is and how checkbook control worksThe types of investors and investments that commonly use IRA LLCsSituations where a standard self-directed IRA may be the better optionReal estate, lending, private funds, and other common IRA LLC use casesHow IRA LLCs are formed and fundedProhibited transaction risks and common compliance mistakesQuestions investors should ask before creating an IRA LLCWhether you’re considering your first IRA LLC or trying to determine whether one fits your investment strategy, this session will provide the framework for making the decision.Download the IRA/LLC slide deck here!: https://directedira.com/when-should-you-use-an-ira-llc-or-checkbook-ira/For questions or to learn more about this episode's topic, book a call with an IRA specialist here: https://directedira.com/appointment/Other:Mat Sorensen: https://matsorensen.comMark J. Kohler: https://markjkohler.com/ KKOS: https://kkoslawyers.comMain Street Business https://mainstreetbusiness.com