Checkbook IRA LLC Pros and Cons with Quincy Long Hosted by Cash Flow Depot (Teleconference)

A very popular idea in the self-directed IRA industry is to have what some have termed a “checkbook control” IRA. These have been under attack by the IRS. Click the link below to listen to Quest IRA President H. Quincy … Continue reading

The Dangers of Checkbook Control IRAs

A very popular idea in the self-directed IRA industry is to have what some have termed a “checkbook control” IRA. These have been under attack by the IRS. Click the link below to listen to Quest IRA President H. Quincy … Continue reading

Checkbook Control IRA-Owned Entities Under Attack

By: H. Quincy Long  A very popular idea in the self-directed IRA industry is to have what some have termed a “checkbook control” IRA.  Basically this involves the following steps:  1) an IRA is formed with a self-directed IRA provider; … Continue reading

Self Directed IRA Myths – Groom Law Group

Written by Richard Matta of Groom Law Group A search of the internet quickly reveals that there are hundreds, if not thousands, of websites promoting one of the hottest financial concepts – the so-called “self-directed individual retirement account.” These range … Continue reading

PROHIBITED TRANSACTIONS AND OTHER RESTRICTIONS ON IRAS AND OTHER PLANS

I.          Investment Restrictions – What Your IRA Cannot Invest In              The Internal Revenue Code does not say anywhere what investments are acceptable for an IRA.  The only guidance in the Code is what investments are not acceptable – life … Continue reading

Entity Investments in Your IRA – Advantages, Cautions and Legal Considerations

This article is part of a series of articles discussing some issues arising when investing your IRA into an entity, such as a limited liability company, corporation, limited partnership, or trust.  Other articles in this series include prohibited transactions and … Continue reading

Entity Investments in Your IRA – Prohibited Transactions and Disqualified Persons

This article is part of a series of articles discussing some issues arising when investing your IRA into an entity, such as a limited liability company, corporation, limited partnership, or trust.  Other articles in this series include advantages and cautions … Continue reading