Posted by jom on January 28, 2002 at 13:38:13:
>>>>Could this be done as well with the Mid-Ohio IRA
>>>.investing in an LLC that could then do the deals.
>>>Or can an IRA be a member of an LLC?
These both seem to me the same thing, aren’t they?
At any rate, I would like an answer to this question of chill’s. Can an IRA invest in a one-member LLC (thru a trustee like Mid-Ohio) and then use the LLC account to buy Trust Deeds or whatever.