TEXAS IRA LLC
The set up procedures for the IRA LLC to function properly are as follows:
Our Firm organizes a special-purpose IRA LLC with the state and make it compliant with the IRA regulations. The end result is a investment company that is owned by the client’s IRA and managed by the client.
Next there needs to be a transfer from the existing retirement accounts to a Self Directed IRA Custodian.
The custodian will then transfer money from the Self Directed IRA account to a new business checking account which the client controls. The client will then use this checkbook control to disburse investment operating costs and receive returns on the respective investments made via the account.
Ultimately the client enjoys the freedom of investing in allowable transactions, minus the holdups and cost linked to investing from a traditional IRA account.
Dallas Office
5956 Sherry Lane
Suite 1000
Dallas, Texas 75225
(214) 281-8659 |
Houston Office
1001 Texas Avenue
Suite 1400
Houston, Texas 77002
(713) 984-4959 |
San Antonio Office
1100 N.W. Loop 410
Suite 700
San Antonio, Texas 78213
(210) 858-5590 |
Email: nick@ns-texaslawfirm.com |
| ALL WALK-INS BY APPOINTMENT ONLY |
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All Rights Reserved |