Form a Series IRA LLC With a Real Attorney

A single LLC pools every investment behind one liability wall, so a lawsuit arising from one rental can reach all of them. The series version gives each asset its own statutory compartment under one entity and one custodian relationship. Our attorneys recommend the series structure once an IRA holds, or plans to hold, more than one property.

Each protected series holds title to its own asset, keeps its own records, and carries its own liability shield, so a slip and fall at one property generally cannot reach the others or the IRA's remaining capital. The protection depends on disciplined separation. Our attorneys build the recordkeeping framework into the formation so the walls hold.

Experienced self directed custodians accept series LLCs when the operating agreement contains the IRA provisions they require, though standards vary by custodian. Our attorneys draft to your custodian's specifications and coordinate the funding paperwork directly, which is exactly the step where template documents get rejected and closings get delayed.

Yes. Section 4975 of the Internal Revenue Code applies to the master LLC and every series it creates, so no disqualified person may buy from, sell to, lend to, or personally use any series asset. One prohibited transaction in one series can disqualify the whole IRA. Our attorneys brief you on the rules before any series is funded.

Our attorneys file articles of organization with series authority, draft an operating agreement containing both the custodian required IRA provisions and the series framework, obtain the EINs, and coordinate custodian funding in the correct sequence. Each asset then receives its own series designation. Every document is attorney prepared, because the two rule sets must work together.

Our attorneys prepare a new series designation under the master operating agreement, and where the state requires it, file the certificate of designation. No new entity is formed and the custodian relationship does not change. Most designations are completed within days, so the series is ready before your closing date.

Yes. Each series should maintain its own account, its own books, and title to its asset in the series name, funded only by IRA capital. Commingling between series, or worse, with personal funds, collapses both the liability walls and potentially the IRA itself. Our attorneys provide a written separation protocol covering every account.