Specially designed Self-directed IRA LLC structure for peer-to-peer lending to help increase efficiency and reduce transaction costs
IRA Financial Group, the leading provider of self-directed IRA LLC and solo 401(k) plan solutions, announces a new low cost self-directed IRA LLC solution for peer to peer lending platforms. The newly designed self-directed IRA LLC solution for peer to peer lending investors will allow investors to make loans from a local LLC bank account and circumvent any IRA custodian transaction or annual account valuation fees. “As a result of the strong demand from peer to peer lenders looking to have more control over the loan process and reduce annual fees, we have developed a special self-directed IRA LLC solution specifically designed for peer to peer lenders,” stated Amy Murphy, a self-directed retirement specialist with the IRA Financial Group.
The main advantage of using a Self Directed IRA LLC to make peer-to peer lending investments is that the loan can be made by simply writing a check. In addition, all income and gains associated with the self directed IRA hard money loan would grow tax-deferred.
With IRA Financial Group’s self directed IRA peer to peer lending solution, traditional IRA or Roth IRA funds can be used to make secured or unsecured private loans to small business owners or home builders.
IRA Financial Group’s Self-Directed IRA for hard money investors, is an IRS approved structure that allows one to use their retirement funds to make hard money loans, either secured or unsecured, to any non-disqualified third-party by simply writing a check. The Self-Directed IRA LLC involves the establishment of a limited liability company (“LLC”) that is owned by the IRA (care of the IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA owner will have control over the IRA assets to make traditional as well as non-traditional investments, such as peer to peer loans loans by simply writing a check
IRA Financial Trust Company, a self-directed IRA custodian, was founded by Adam Bergman, a partner with the IRA Financial Group.
IRA Financial Group is the market’s leading provider of “checkbook control” Self Directed IRA and Solo 401(k) plans. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.
IRA Financial Group proudly announces the latest book titled “The Checkbook IRA” written by tax partner Adam Bergman, which is now available on Amazon. This is the second book in a four-part series on self-directed retirement plans. The first book “Going Solo” is also available on Amazon.