Purchase Membership in LLC
When your funds have been received by your new Custodian, and you have opened a checking account in the name of your Self Directed IRA LLC, you can make arrangements to have the funds transferred from the custodian to your LLC account.
You will need to execute an investment directive to the custodian to make the purchase of a membership interest in your LLC. The custodian will usually request a copy of your LLC Articles of Organization, EIN and Operating Agreement.
The custodian will have the specific forms to assist you in this transaction.
Thanks to Tom I was able to set up my self-directed IRA in a short amount of time and was able to take advantage of record low real estate prices here in Arizona. Tom has continued to support me and answer my questions, even months down the road, and has really helped me to think about my investments in a whole new manner.
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