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Can my CHECK BOOK IRA LLC make loans to businesses or companies?

April 26, 2017book businesses companies IRA LLC Loans

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Can my CHECK BOOK IRA LLC make loans to businesses or companies?

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Sure. Your IRA can make a loan to any type of business. However, be aware that there are some restrictions on loaning money to any business that you or any other disqualified person has an ownership interest in. If a disqualified person or persons have part ownership it must be less a total of 50%.