UBTI Tax – What SDIRA Investors Should Know
UBTI TAX – What Self-Directed IRA Investors Should Know When using your IRA or 401(k) plan to make investments, investment are often exempt from federal income tax. Your IRA is exempt from tax according to Internal Revenue Code (IRC) Sections 408 and 512. They exempt most passive forms of investment income generated by an IRA […]
Self-Directed IRA LLC for Cryptocurrency
Cryptocurrency is a form of digital money that’s meant to be secure and, in many cases, anonymous. It is a digital currency that uses cryptography. Cryptography is the process of converting legible information into an almost uncrackable code. As a result, this tracks purchases and transfers. Bitcoin has become the leader in shepherding in a wave […]
Self-Directed IRA with Checkbook Control
IRA Financial Trust Company is one of the few IRA Custodians in the country that specializes in establishing Self-Directed IRA (SDIRA) with Checkbook Control accounts. These accounts are often known as a Checkbook Control IRA. What is a Self-Directed IRA LLC with Checkbook Control? A Self-Directed IRA LLC is a type of IRA (Individual Retirement […]
What is a Self-Directed IRA?
Self-Directed IRA Definition A Self-Directed IRA (SDIRA) is a retirement account that gives you complete control over your investments. Unlike a traditional account, you don’t have to invest strictly in stocks, bonds and mutual funds. You can now make alternative investments, like real estate, cryptocurrencies, private business, gold and much more. Step away from Wall […]
Checkbook Control Self-Directed IRA – The Law
Checkbook Control The ability to invest retirement funds in a newly established special purpose entity that the IRA owns 100% of, and is managed by the IRA holder is legal by the Tax Court and IRS (Internal Revenue Service). It has been legal for over 18 years. However, only recently did the Tax Court confirm […]
