When Do I Need a Self Directed IRA LLC?
AES Venture™ IRA LLC is a special purpose limited liability company, which is either fully or partially owned by an individual retirement account (IRA).
Since the IRA owns the Venture™ IRA LLC funds can be legally transferred to the Venture in exchange for member units (shares) of the Venture. After this funding, both traditional and non-traditional investments may be purchased by the Venture instead of directly in the IRA. Next, either you or someone else you pick as manager of the Venture™ IRA will have direct control over those investments.
This plan allows the holder to make decisions and direct the investments of the IRA without restriction or tax penalties. Real estate, commercial or home properties are investment examples.
How it Works
Ultimately all the Venture™ IRA LLC value will flow back to your IRA as part of your normal IRA retirement nest egg. See the diagram below for an illustration of a typical Venture™ IRA LLC.
Powerful Benefits:
- Very few IRA custodians permit direct ownership of real estate or other non-traditional investments in an IRA; indirect investment via the Venture™ IRA LLC is usually the only choice.
- When a Venture™ IRA LLC sells real estate or other investments the capital gains are deferred through the IRA, like any other IRA investment. The headaches of 1031 exchanges are never necessary.
- Ownership of property in a Venture™ IRA LLC allows you, as manager, to have direct, hands-on control of investment decisions over Venture™ IRA LLC assets, including checkbook control. Custodian involvement and hassles are eliminated, regardless of whether the investments are in securities, real estate or other assets.
- A Venture™ IRA LLC can use its IRA funding as a down payment for a real estate purchase, with the Venture™ IRA LLC financing or borrowing the balance. But an IRA cannot directly participate in such a financing arrangement.
- Since you control and handle all Venture™ IRA LLC transactions, the custodian for the self-directed IRA can be paid an inexpensive, flat fee, typically no more than $200 per year.
- Litigation threats that accompany investments such as real estate, are substantially reduced. This is done by isolating the investment inside the Venture™ IRA LLC, and away from the rest of your IRA funds and estate.
- Only Asset Exchange Strategies offers an IRS Audit Support option: our Venture™ Platinum IRA LLC.
If the Self Directed IRA LLC sounds like what you need, call us and we’ll set it up for you, and provide you ongoing advisory services.
