Since the creation of IRAs (Individual Retirement Accounts) back in the early 1970s, the IRS has always permitted an IRA to purchase, hold, or flip real estate. You can find this information on the IRS website.Therefore, when you use a Self-Directed IRA to buy real estate, you can now purchase:...
Read Post
When you add a brokerage account to your Self Directed IRA LLC or Solo 401(k) Plan, you receive benefits such as alternative investments and the freedom of full checkbook control. Additionally, you gain direct control over the traditional investment mix of stocks, bonds and mutual funds. Your profits are tax-free and go back...
Read Post
When it comes to investing in options, with a Self-Directed IRA LLC, the IRS generally does not tell you what you can invest in, only what you cannot invest in. These rules are generally known as the “Prohibited Transaction” rules. Understanding UBTI Tax Rules In addition to the Prohibited Transaction rules, the...
Read Post
Self-Directed IRA LLC Annual Report Fees Here's a state by state breakdown of Self-Directed IRA LLC Annual Report Fees: Alabama Tel: 334-242-5324Alabama imposes an annual Business Privilege Tax (BPT) on LLCs. In general, the BPT calculates the total amount of income that passes through the LLC members. Also, there is a $100 minimum...
Read Post
2018 Self-Directed IRA LLC Maximum Contribution How Much Can I Contribute to a Self-Directed IRA LLC Maximum Contribution?For 2018, the Self-Directed IRA Maximum Contribution for a self-directed IRA is $5,500 if you’re under the age of 50. The self-directed maximum contribution is $6,500 if you're 50 and older. If you're 50...
Read Post
The primary advantage of the Self-Directed Roth IRA LLC to make investments is that all income and gains associated with the Roth IRA investment grow tax-free. Furthermore, this will not be subject to tax upon withdrawal or distribution. This is because unlike traditional IRAs, you are generally not subject to...
Read Post
Using a Self-Directed Roth IRA LLC presents a number of exciting tax planning opportunities. Whether you currently have a Traditional IRA or a Roth IRA, the IRA Financial Group can help you. Our in-house tax and ERISA professionals have significant experience to help our clients. We will guide you through...
Read Post
There are significant tax benefits in using a Self-Directed Roth IRA LLC to make investments. However, the Roth IRA also offers a number of very exciting estate planning opportunities.Generally, a self-directed Roth IRA is an after-tax account. So the Roth IRA holder can benefit from tax-free investment growth, so long...
Read Post
The main Roth IRA advantage over a Traditional IRA is that, if you qualify to make contributions, all distributions from the IRA are tax-free. Furthermore, unlike traditional IRAs, you may contribute to a Roth IRA for as long as you continue to earn an income. However, with a traditional IRA , you...
Read Post
Beginning in 2010, the modified Adjusted Gross Income (“AGI”) and filing status requirements for a Roth conversion from a traditional IRA were eliminated.Below are some important points to consider when deciding whether to convert your Traditional IRA to a Self-Directed Roth IRA LLC.Do you have the ability to pay income taxes...
Read Post
Get a Free Consultation