Rocket Dollar defaults to a Colorado LLC. They are affordable, business friendly, and easy to work with, enabling us to deliver better value to our customers.
Generally, your LLC should be registered as a foreign entity if you start renting out that property to tenants.
Why? When you are renting a property, you could be subject to local state rules. Your IRA is now a landlord, and as needs and properties of your real estate purchasing increase, you could be seen as a real estate operating company and subject to certain local laws and regulations
You should contact us at email@example.com (1 855-762-5383) or customers can contact support from the top right of their dashboard. California investments will need specific instructions as well, so contact us or read this article.
The Rocket Dollar Sol0 401(k) utilizes a retirement trust. Trusts do not have to be registered in states like LLCs.