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What is a Multi-Member IRA LLC?

December 2, 2020

The Multi-Member IRA/LLC is the structure to use when you want to partner multiple accounts into one LLC to buy a particular asset or sets of assets. It can be a great option to partner with multiple accounts. What are the benefits, structures, concerns, and prohibited transaction rules you need to look out for?

The Multi-Member IRA/LLC is the structure to use when you want to partner multiple accounts into one LLC to buy a particular asset or sets of assets. It can be a great option to partner with multiple accounts. What are the benefits, structures, concerns, and prohibited transaction rules you need to look out for? The set-up, structure, documents, and process can be rigid in a multi-member IRA/LLC so make sure you understand the rules when choosing this option.

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