Updated over 9 years ago on . Most recent reply
Self directed IRA
I just used a self directed IRA to purchase a house. I had to create an LLC and the money was deposited to the LLC bank account. Now the IRA company tells me that further payments for repairs need to be made directly to person doing the job. I know someone else created an LLC and made all deposits to his LLC and was able to self manage from there. I know it is possible, could anyone familiar with this situation explain how to do it? Thank you for your thoughts.