Frequently Asked Questions

What is a self-directed IRA LLC and why might it be a good choice for holding non-traditional assets?

A self-directed IRA LLC, or a Limited Liability Company, is a unique investment vehicle that offers a multitude of benefits for those looking to hold non-traditional assets. This type of IRA allows the owner to have complete control over their retirement funds, providing a level of flexibility that traditional IRAs lack. This is achieved through the creation of a business checking account that holds the LLC assets, allowing the IRA holder to manage their retirement assets with ease. One of the primary reasons individuals opt for a self-directed IRA LLC is the ability to invest in non-traditional assets. Traditional IRA custodians often limit the types of investments that can be made, making it challenging to diversify your portfolio. With a self-directed IRA LLC, you can invest in a wider range of assets, including real estate, private businesses, and more. Another significant advantage of a self-directed IRA LLC is the limited liability protection it offers. Owners of an IRA LLC are not personally liable for the business's debts, providing a layer of protection for your personal assets. However, it's important to note that there are exceptions to this rule, and in certain circumstances, the owner can be held personally liable.