Form a Self Directed IRA LLC

To set up and make investments from your own Self Directed IRA LLC you will need to:

Form a Limited Liability Company (LLC) in the state of your choice.

• Prepare an Operating Agreement that meets the specific requirements for a Self Directed IRA LLC.
• Open a Self Directed IRA account with an IRA Custodian that permits truly self directed investments.
• Fund your new Self Directed IRA account or transfer funds from your existing retirement account.
• Direct your new Self Directed IRA custodian to make an investment in the LLC.
• Find a suitable investment vehicle that you wish to invest in.
• Purchase the investment in the name of the LLC.

· When you have an investment you want to purchase...all you need to do is to write a check from your LLC to purchase the investment product in the LLC's name. There are no approvals necessary from your custodian. There is no time delay awaiting approval from your custodian.

By using this simple method your Self Directed IRA LLC can invest in real estate and other investments without the red tape and administrative fees normally involved when using your IRA to directly make an investment.

The most important step and the key ingredient is to have a properly prepared Self Directed IRA LLC Operating Agreement that meets the specific requirements for a Self Directed IRA.

Source: SelfDirectedIRA.org