When you make an investment with your Self-Directed Checkbook IRA LLC you will want to make sure that the asset is titled in the name of your LLC.

Make sure all the expenses come from the IRA LLC and all the revenue flows to the IRA LLC.

Also, you will always want to make decisions in the best interest of the IRA LLC because once you become manager of your IRA, you become a fiduciary. One tactic to help you get on the right thinking track would be to imagine you are managing your deceased relative’s estate for his/her children, instead of your IRA.

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