"First IRA has filled a void for investors in self-directed IRA's that is exciting, to say the least. I hope to be aligned with the company for years to come and wish them every success in this venture."
Timothy B. Borchers
Borchers Ware & Guglielmo, P.C.Different Strutures of Real Estate Ownership for IRA Account Holders
The properties can be titled in a number of ways. This is important for foreclosure, conveyance, and other legal issues.
Most IRA investments will be titled in any one of the following ways:
1. The Custodian name For the Benefit Of the IRA holder (I.e. Pensco Trust FBO John Does IRA 100%)
2. An LLC that is owned by one or more IRAs (I.e. John Doe LLC 50%)
3. A Partnership that is owned by one or more IRAs (I.e. the John Doe Property Trust 50%)
4. A C Corp that is owned by one or more IRAs (I.e. John Doe Inc 50%)
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