You must also not commingle dollars from your own businesses and a separate, Self-Directed IRA investment. An IRA LLC is part of the structure that allows you to invest and gain checkbook control of the IRA.
Make sure that investments you make from your IRA are not connected to your current business in a self-dealing prohibited transaction. For more about self-dealing, click here.
If the investment is owned 50% or less by you and other disqualified persons, it might be eligible for investment by your IRA. Keep in mind if a prohibited person also owns part of the company, this is added towards your total when analyzing prohibited transactions
For more information on disqualified persons, which includes yourself, various family members, and close relationships, click here.
We can work out a transfer together with our sales and support team, but we will need a specific process to transfer these assets. Please contact us in the sales chat, email@example.com, or 1-855-762-5383 option 2.