Articles
How to Have a $20 Million IRA like Mitt Romney? Self Direct It And Invest in What You Know.
The Walls Street Journal reported on January 19th that former Massachusetts Governor and Presidential candidate Mitt Romney has an IRA valued between $20 million and $100 million dollars. The article speculates about how those earnings were made and eventually...
LLC Versus Umbrella Policy
Many real estate investors and landlords often ask whether they should use an umbrella insurance policy or a LLC to protect them from liabilities that may arise on their rental property. An LLC protects the owner of the LLC from liabilities that arise on any property...
IRA Ownership of an LLC: Self-Directed IRAs and IRA/LLCs
There are numerous laws, cases, and regulations to consider in analyzing whether your IRA can own an LLC (commonly referred to as an “IRA/LLC” or a "checkbook control IRA"). Despite the complexity of the law, your IRA can own 100% of the ownership interest of an LLC...
What is Crowdfunding & How Can I Use It to Raise Capital?
The JOBS Act signed into law by President Obama in April created a new exemption from the Securities Act of 1933 for “crowdfunding transactions”. This exemption allows entrepreneurs to raise small sums of money from large groups of people without having to complete a...