What is the difference between a Self-Directed IRA and a Self-Directed IRA LLC?
While they are both self-directed accounts, the LLC is truly self-directed and administered by you. No permission is needed to make purchases, you simply manage the checkbook by writing checks on behalf of the IRA. What can I invest in if I have a Self Directed IRA? Your IRA-LLC can make any investment a regular LLC can invest in as long as you stay away from Insurance contracts and collectibles. Also you may not have any “self dealings” without a DOL exemption. You have the option to invest your IRA in: Residential Real Estate Commercial Real Estate Vacant Land Private Notes and Loans Limited Liability Companies (LLC) Tax Certificates Stocks, Bonds, Mutual Funds Options Futures IPO’s Auto loans/paper Personal Loans And much, much, more………. What Investments would be considered prohibited? Prohibited Investments include: Artwork Rugs Antiques Metals Gems Stamps Coins Alcoholic Beverages Life Insurance Contracts Stock in a S-Corporation And certain other tangible personal property Please
