Updated almost 6 years ago on . Most recent reply
How to make rent deposits to checkbook IRA
I recently bought 3 sfh's using my checkbook IRA. After re-hab when the property manager is collecting rents how am I supposed to handle that? Do I just have the manager set up to make deposits directly to the llc's checking account? I know that I am not supposed to ever touch any of the funds. The first call I made to my bank about how to handle this didn't end with much clarity. Reading through online instructions and will contact bank again.