Updated about 6 years ago on . Most recent reply
Self Directed IRA's and LLC's
A client asked me today, "If I am using a self-directed IRA to purchase an investment property, do I have to buy it in an LLC owned by my self-directed IRA or can the IRA purchase the property in its own name. I can think of several reasons why he should use the LLC but I don't know if it is 100% mandatory. Can anyone in this business or an attorney tell me the answer to this question?