REI Legal - IRA LLC
REI LEGAL: IRA LLC
This is our online intake form to create an IRA (Checkbook Control) LLC. This is a self-direction product.
Here is your ability to create your own IRA, LLC! This is an LLC used for “checkbook” control over their self-directed IRA account. The investment for this LLC is just $995! Become a member for $200 off! This LLC is structured as a Series LLC, although it does not need to be used as such.9PLEASE READ OUR GETTING STARTED EBOOKS “The Real Estate LLCs,” “Running Your LLC” and, at a minimum, “Self-direction.” You can click the links below to download and keep these manuals. There are also VIDEOS on our home page!
Uses of this LLC: Self-direction of an IRA for “checkbook” control and no other purpose.
Needs before starting: 1) the Vesting (account) Name of your IRA and 2) the Name and Address of your custodian. You get these from your custodian.
Note: This is designed as a single member (one IRA account) LLC. While your IRA can “partner” with other people and entities, it can bring up complications in the running of the LLC to avoid prohibited transactions. We don’t recommend adding others to an IRA, LLC.
Guidebooks: THE REAL ESTATE LLCS, RUNNING YOUR LLC, and SELF-DIRECTION