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ROTH IRA OWNING AN LLC
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GA TAX
Level 2
08-24-2023
11:39 AM
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Hi Guys,
Can someone assist me with the below:
ROTH IRA can be a beneficial owner in an LLC Or NO?
What happens to the gains reported on the Partnership? Do they flow to the individual or are these tax exempt?
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2 Comments 2
The_AntiTax_Man
Level 8
08-31-2023
04:44 PM
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@GA TAX It is possible that a Self-Directed ROTH IRA account can invest in an LLC or a partnership. What name and ID# is appearing on the K-1 given to you by your client?
