What are the advantages to using an CHECK BOOK IRA LLC when investing my IRA in Real Estate?
You can only receive true checkbook control with the CHECK BOOK IRA LLC. With a self-directed custodian, you get more control than you get with a traditional custodian, but you still have to get permission from the custodian for every little thing you do. This is problematic, unnecessary and annoying. Further, with any time sensitive investment it puts you at a huge disadvantage. And what Real Estate deals aren’t time sensitive. If you don’t move quickly, you will miss out on the best deals. Think of tax liens, tax deeds and foreclosures sold on the courthouse steps; you need to have checkbook control or you miss out. With the CHECK BOOK IRA LLC you have the checkbook, authority to write the checks and can make an investment without time delays. This ensures that your IRA is able to make the best investments at the best prices. With the CHECK BOOK IRA LLC your IRA will be subject to fewer and lower fees from the custodian. Thus, there is more money for your retirement, which is the who
