Self-Directed IRA LLC - Process 101

Contact - "The Investors Realtor" Robert F. Pina, ABR
937.270.5437 or robert@robertpina.com

STEP ONE: Self-Directed IRA

The first step in the process is to establish an IRA with a registered self-directed custodian who will allow the IRA to participate in non-traditional investments. The Investor should only want to work with IRA custodians who will limit the fees charged to the IRA holder. Through the Self-Directed IRA LLC, investment clients should not pay ongoing asset based or transactional fees—just a simple flat maintenance fee.

STEP TWO: Rollovers

Once your new self-directed IRA has been established with a non-traditional IRA custodian, your custodian should request, monitor and direct the transfers from your previous IRA holder to the new self-directed account. This process will typically take 2-3 weeks to complete and relies heavily on your previous IRA custodian’s ability to make these transfers in a timely manner.

STEP THREE: Limited Liability Company (LLC)

An important part of the process is to establish a Limited Liability Company (LLC) for your IRA. This serves as the investing platform for the retirement plan and will allow true diversification not seen through any other IRA plan. Your Investment team should customize this entity to conform to the rules and regulations set forth by the IRS and the Department of Labor. It is important that you work with a qualified and competent third party, to structure the LLC for you.

STEP FOUR: Funding

After your newly established self-directed IRA has received the retirement plans money and the LLC has been established, it is time to direct the initial capitalization of the LLC. Your team should direct your new custodian to invest your IRA in the LLC, essentially trading member units (similar to stock) for cash. Once the transaction has taken place, your self-directed IRA is the owner of the LLC, owning most, if not all of its member units. *Key Results - The LLC holds all of the cash in the LLC checking account………..

STEP FIVE: Investing

Your IRA, indirectly through the LLC, is now set to begin investing in both traditional and nontraditional opportunities. Additionally, Your Investment Team Network is now ready to help you locate great investments for your IRA and help you execute the transaction successfully.

Contact - "The Investors Realtor" Robert F. Pina, ABR
937.270.5437 or robert@robertpina.com