Huge Mistakes Investors Make with IRA LLCs and Checkbook IRAs!

#investingstrategies #retirementplanning #selfdirectedira

The IRA LLC and Checkbook IRA is one of the best tax savings tools. It provides many opportunities but you’ve got to know the rules to avoid making mistakes.

Think of this podcast episode as your “IRA LLC Safety Class,” led by Mat Sorensen and Mark J. Kohler as they guide you past possible pitfalls including:

• Wrong Set up for Your IRA LLC or Checkbook IRA.
• Why You Must Respect The Prohibited Transaction Rules.
• Incorrectly Putting Money into Your IRA.
• Misunderstanding Taking a Distribution.
• The Consequences of Not Keeping Your LLC Up To Date.
• Operating Incorrectly Your Checkbook IRA with Case Studies.

Take notes and listen to this episode again to maximize the power of IRA LLCs and Checkbook IRAs!

• We've added Expert Panels with experience in over 100 different deals on self-directing with alternative assets the 9th Self-Directed IRA Summit. Learn more at: https://sdirasummit.com/

• The 9th Self-Directed IRA Summit, October 20th & 21st, 2022 in Scottsdale, AZ
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• Schedule a Free 15-minute new account phone appointment with one of our experienced Senior Account Executives regarding what type of account is best for you. https://directedira.com/appointment

• To submit your questions, listen, search for prior episodes, or sign up for their Weekly Free Newsletter, visit https://directedira.com/podcast
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About Mat Sorensen:
Mat is the leading national authority of The Self-Directed IRA industry, CEO of Directed IRA, partner at KKOS Lawyers, and best-selling author of “The Self Directed IRA Handbook,” with 40,000+ copies sold. Mat is also a VIP Contributor at Entrepreneur and, an expert author at Cryptopedia. He is a go-to guest speaker for financial, tax, and legal podcasts, Live events, and conferences.
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* Did you know you can invest assets owned by your self-directed IRA more efficiently? To Set Up Your New Account With A Specialist visit https://directedira.com/appointment/.

* Discover the benefits of using an IRA/LLC, also known as a “checkbook control IRA.” Visit KKOS Lawyers to get help setting up your single-member IRA/LLC, call KKOS Lawyers at (888) 801-0010, or visit their website at https://www.kkoslawyers.com.

* Check out Mat Sorensen’s Self-Directed IRA Podcast, new episodes every Monday. Submit your questions, listen, search for prior episodes, and sign up for the Directed IRA Weekly Free Newsletter, visit https://directedira.com/podcast
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