How the Self Directed IRA Process Works?
1. Form a Self Directed IRA LLC and get a Self Directed IRA LLC Operating Agreement. 2. If necessary, transfer funds from your current Custodian financial institution to a new Custodian that allows Self Directed IRA investments. 3. Direct the Custodian to transfer the IRA funds to your new Self Directed IRA LLC bank account. The IRA Account would then become a member of the Self Directed IRA LLC. 4. You as the Manager of the Self Directed LLC could choose appropriate investments for your Self Directed IRA LLC. 5. When making an investment through your Self Directed IRA LLC, you as Manager would write a check from the Self Directed IRA LLC bank account. 6. The investment is then made and held in the name of your Self Directed IRA LLC. 7. You manage the investment made through the Self Directed IRA LLC. Advantages of Using a Self-Directed IRA With a Self-Directed IRA, the IRA holder keeps most of this power. He or she directs the investment, instead of a broker. Aside from life insurance
