Updated over 8 years ago on . Most recent reply
Self Directed IRa and Keeping safe.
How do you keep your name off the paperwork when you create financing to the new homeowner in self directed Ira. In the event the ira would have to foreclose I do not want my name visible. Perhaps just account number and name of custodian.
Are there certain Self Directed provider that cater better to this?
Appreciate your feedback.
Alex
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#1 New Member Introductions Contributor
- Solo 401k Expert
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Alex, if you are using custodial self-directed IRA the name of the custodian will be listed on the title with your name after it. For example:
ABC Trust Company, Custodian FBO, Your Name, Account #9999999
There is really no way to keep your name private. If you wish to keep your name not visible you may want to consider what is know as Checkbook IRA, or IRA owned LLC. Then the title will be vested in the name of the LLC and you bypass the custodian when you make investment and otherwise conduct business transactions related to the investments in your retirement account.