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The Tax Advantages of Using a Self Directed Roth IRA

In 1997, Congress, under the taxpayer Relief Act, introduced the Roth IRA in to be like a traditional IRA, but with a few attractive modifications. The big advantage of a Roth IRA is that is you qualify to make contributions, all distributions from the Roth IRA are tax free – even the investment returns – as long as the distributions meet certain requirements. Accordingly, using a Roth IRA to make investments, including real estate, precious metals, tax liens, etc offers an enormous tax advantage.

Using a Self Directed Roth IRA LLC with Checkbook Control” to make investments offers the investor the ability to make traditional as well as non-traditional investments, such as real estate, tax-free and without custodian consent. As manager of the Self-Directed Roth IRA LLC you will have the ability to make Roth IRA investments without seeking the consent of a custodian. Instead, all decisions are truly yours. Making a Roth IRA investment is as simple as writing a check. The LLC bank account can be opened at any local bank giving you, as manager of the LLC, total control over your Roth IRA funds. In addition, with a Self-Directed Roth IRA LLC, you will have direct access to your IRA funds allowing you to make an investment quickly and efficiently. There is no need to obtain approvals from your custodian or deal with time delays in awaiting approval from your custodian or pay any review fees. When you find an investment that you want to make with your Roth IRA funds, simply write a check or wire the funds straight from your Self-Directed Roth IRA LLC bank account to make the investment. The Self-Directed Roth IRA LLC allows you to eliminate the delays associated with an IRA custodian, enabling you to act quickly when the right investment opportunity presents itself.

One of the advantages of using a Self Directed Roth IRA LLC with “Checkbook Control”, is that your Roth IRA will benefit from the limited liability protection afforded by using an LLC. By using an LLC, all your Roth IRA assets held outside the LLC will be shielded from attack. This is especially important in the case of Roth IRA real estate investments where many state statutes impose an extended statute of limitation for claims arising from defects in the design or construction of improvements to real estate.

The IRA Financial Group will take care of the entire set-up of your Self-Directed Roth IRA LLC “Checkbook Control” structure. The whole process can be handled by phone, email, fax, or mail and typically takes between 7-21 days to complete, the timing largely depending on the state of formation and the custodian holding your retirement funds. Our IRA experts and tax and ERISA attorneys are on site greatly reducing the set-up time and cost. Most importantly, each client of the IRA Financial Group is assigned a tax attorney to help with the establishment of the Self-Directed Roth IRA LLC “Checkbook Control structure. You will find that our fee for this service is significantly less than other companies that perform the same or similar services.

To learn more about the Self Directed Roth IRA LLC structure, contact one of our IRA Professionals at 800-IRA-0646 today!

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