Checkbook IRA

IRA-Owned LLC (sometimes called a "Checkbook IRA") is a special purpose LLC, which is either fully or partially owned by a self directed individual retirement account (IRA). Since the self directed IRA owns the LLC, IRA funds can be legally transferred to the LLC in exchange for units (i.e. like shares) of the LLC. After this funding, both traditional and non-traditional investments may be purchased by the LLC instead of directly in the IRA. The use of this type of structure enables the IRA to have investment and checkbook control over the IRA. Find out more at: http://www.udirectira.com/get-started/ira-owned-llc.html