@lizard I did this with real estate, self directed, there was no "product", if self directed is an option with bitcoin I would investigate that route. It was reasonable simple, set up an LLC and hold assets there and the IRA holds one asset, the LLC.
@lizard Yes, it’s a real pain, but I still think it’s worth it. The main issue I had was dealing with all the moving parts (trust companies, banks, exchanges, etc.). None of them talk to each other. After they sell you the IRA, there’s nobody to be your advocate so you have to constantly push the process along yourself. Expect lots of paperwork. It took over a month to get mine set up.
Did you use a company to get the LLC setup? If you had a decent experience would you mind sharing the company name?
Do you know if I could invest my and my wife's IRA funds in the same LLC or would I have to set up multiple?
Sorry for all the legal questions!
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