Self-Directed IRA - LLC state?

3 Replies

Promotion
Jamestown Invest
Build a well-balanced portfolio with CRE
Considering CRE Investing?
Download this whitepaper and learn about CRE investing from a manager with a 38 year track record
Learn More

@Harpreet Singh

If you are trying to have IRA owned LLC then this is not a DIY thing. This is a single-member special purpose LLC, must be set up in a certain way to be IRS-compliant. There are several factors must be considered when creating entity like this. I suggest you work with qualified professional or attorney who specializes in this area, who can counsel you regarding all of the questions including state of formation.