Realty Times - Real Estate News and Advice: "A word of caution -- always make certain that the transaction is not prohibited. Setting up an LLC and using an attorney who gives you an opinion letter (stating whether the transaction is legal or prohibited) is valuable protection for you.
Navigating through the process of setting up a self-directed IRA or IRA LLC can seem overwhelming. Using qualified experts to guide you through the process will help keep you out of financial troubles that could cost you your entire investment. A good resource for more details can be found here http://www.iraaa.org/."
Tuesday, February 20, 2007
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