Tag - checkbook llc

Checkbook LLC’s Just Took a Major Hit in Tax Court

Please share this far & wide, it has massive implications for SDIRA investing with "Checkbook LLC's". This is not a proposed law. This is a Tax Court ruling and is, therefore, the law today. Here are the basics: The taxpayer had an LLC 100% owned by her IRA. She was the manager. The LLC bought gold coins and stored them in...