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Single-member LLCs and Trusts
Has the IRS ever publicly commented on whether single-member LLCs are acceptable?
Has the IRS ever publicly commented on whether single-member LLCs are acceptable?
Updated over a week ago

The IRS has not stated that IRA-owned single-member LLCs are acceptable or not acceptable. They have made it clear to their examiners that those structures are ripe for abuse and do keep a close watch over them.

Structured correctly, however, the single-member LLC can be a viable investment vehicle for a Self-Directed IRA.

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