An Iowa Self Directed IRA LLC with Checkbook Control allows you to use your IRA and rollover 401k funds to make almost any type of investment such as real estate (including international real estate), tax liens, mortgages and trust deeds, precious metals, private equity, private lending and many other alternative investments without requiring the permission of your custodian.
State filing fee: $50
Annual requirements:
Initial report for corporations and LLCs is due by April 1st of the year you file (i.e. if you file November 2005, the initial report is due by April 1st. The cost is $30 for online filing and $45 for paper filing. The biennial filing is due every 2 years thereafter.
