Comments on: How can I use self-directed IRA money to participate in internet auctions for tax-lien certificates? http://taxlieninvestingnews.com/questions-and-answers/how-can-i-use-self-directed-ira-money-to-participate-in-internet-auctions-for-tax-lien-certificates/ Current news on Tax Lien Investing Sun, 20 May 2012 15:41:03 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Eggolas M http://taxlieninvestingnews.com/questions-and-answers/how-can-i-use-self-directed-ira-money-to-participate-in-internet-auctions-for-tax-lien-certificates/comment-page-1/#comment-27 Eggolas M Tue, 14 Apr 2009 21:21:54 +0000 http://taxlieninvestingnews.com/questions-and-answers/how-can-i-use-self-directed-ira-money-to-participate-in-internet-auctions-for-tax-lien-certificates/#comment-27 If you really want to do this, then I suggest that you begin by reading the available information very carefully. But yes, owning a tax lien certificate is not a prohibited transaction by itself: 14. In addition to real estate what investments can my IRA funded LLC purchase? Limited liability companies, real estate commercial and residential, commercial paper, tax lien certificates, promissory notes, corporate debt offerings, trust deeds/mortgages, commodities and futures, mutual funds, stocks, bonds, annuities, limited liability partnerships, hunt lease investments, race car investments, treasuries, bank CDs, timberland investments, currency exchange, timeshares, real estate options, and much more. So, according to this website, it's available to an IRA LLC. You have some reading to do. If you really want to do this, then I suggest that you begin by reading the available information very carefully.

But yes, owning a tax lien certificate is not a prohibited transaction by itself:

14. In addition to real estate what investments can my IRA funded LLC purchase?

Limited liability companies, real estate commercial and residential, commercial paper, tax lien certificates, promissory notes, corporate debt offerings, trust deeds/mortgages, commodities and futures, mutual funds, stocks, bonds, annuities, limited liability partnerships, hunt lease investments, race car investments, treasuries, bank CDs, timberland investments, currency exchange, timeshares, real estate options, and much more.

So, according to this website, it's available to an IRA LLC.

You have some reading to do.

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