Total Control IRA
Total Control IRA
Oct 28, 2012 // 614 Words
The Checkbook IRA — Why You Want It, Why You Need It!
The Checkbook IRA — Why You Want It, Why You Need It!

Unleash the full potential of your retirement account with a checkbook IRA giving you almost limitless freedom and complete control over what, where, and how you invest your retirement assets!
A Checkbook IRA, also called an IRA LLC or Total Control IRA is a self-directed retirement account that shifts control of the IRA from the providers to the account holder.
It gives the account holder complete and absolute checkbook control over his or her retirement funds and investment decisions.
How Does It Work?
Total control is achieved by utilizing an LLC within the IRA’s structure. The IRA buys 100% interest in the LLC. The LLC is a business entity that can establish a checking account that is funded by the IRA.
This checkbook control gives the account holder significantly greater flexibility in the types of assets that can be held by the IRA.
You can use your traditional or Roth IRA. Your 401k, 403b, and 457 may be eligible as well.
Purchase Real Estate with an IRA
You can purchase real estate outright with your checkbook IRA or use the cash as a down payment on a real estate purchase and finance the rest with a non-recourse loan.
A checkbook IRA can be used to:
- Sell real estate or other investments
- Defer capital gains
- Avoid the headaches of 1031 exchanges
- Eliminate custodian involvement
- Reduce litigation threats
How I Use My Checkbook IRA
I use my checkbook IRA to invest in all thing’s real estate, startups, financial paper, precious metals, cryptocurrencies, and even the stock market.
Other eligible investments include but are not limited to, tax liens, hard money loans, private companies, IPOS, ICOs, foreign currencies, crowdfunding, and more.
Only life insurance and collectibles are off-limits. I prefer the “Total Control” that a “checkbook IRA” strategy provides to achieve my investing goals.
Using a checkbook IRA to make investments with my retirement funds has proven to be a great way to diversify my retirement portfolio. It has also allowed me to invest in hard assets, such as real estate, that I know and understand.
The Ultimate Self-Directed IRA
It’s choice – not chance – that determines destiny. – Jean Nidetch
So, why not choose to be in control of your retirement plan and funds? A checkbook IRA is an excellent option for investors looking to diversify their assets beyond stocks, bonds, and mutual funds.
By taking a “hands-on” role in investing your retirement funds, you will avoid paying high broker fees and always know precisely what is happening with your money, all from the comfort of a local bank account.
Watch the video and contact an experienced advisor to help you structure a retirement plan that meets your needs.
I recommend Steve Barnett, President of Elite Pensions – Ricardo Crooks
I have learned over the years that diversification is a simple way to boost investment returns and reduce risk! To unlock a world of alternative investment opportunities, contact Elite Pensions today!
Best Mobile Trading Apps and Security Options for People on the Go
- BitCoin IRA: The largest and most secure Bitcoin IRA.
- Fischer Capital: Passive income with minimal risk.
- TD Ameritrade: Best overall stock trading platform.
- Robinhood: Best for options trading.
- Global Trades: Best passive trading platform.
- Nexo: Flexible instant crypto credit lines.
- Cryptohopper: The most powerful crypto trading bot.
- BitUniverse: Best auto tracker & trading bot.
- Binance: The “world’s largest” crypto exchange.
- BitForex: The most liquid cryptocurrency exchange.
- Coinbase: Best “beginner-friendly” crypto exchange.
- Gemini: Best “low fee” crypto exchange.
- TradingView: Best real-time market info & insights.
- CoinTracking: Best for crypto tracking and tax reporting.
- Yubikey 5 NFC: Best 2FA security for mobile.
- Ledger: Best crypto hardware wallets.

Unleash the full potential of your retirement account with a checkbook IRA giving you almost limitless freedom and complete control over what, where, and how you invest your retirement assets!
A Checkbook IRA, also called an IRA LLC or Total Control IRA is a self-directed retirement account that shifts control of the IRA from the providers to the account holder.
It gives the account holder complete and absolute checkbook control over his or her retirement funds and investment decisions.
How Does It Work?
Total control is achieved by utilizing an LLC within the IRA’s structure. The IRA buys 100% interest in the LLC. The LLC is a business entity that can establish a checking account that is funded by the IRA.
This checkbook control gives the account holder significantly greater flexibility in the types of assets that can be held by the IRA.
You can use your traditional or Roth IRA. Your 401k, 403b, and 457 may be eligible as well.
Purchase Real Estate with an IRA
You can purchase real estate outright with your checkbook IRA or use the cash as a down payment on a real estate purchase and finance the rest with a non-recourse loan.
A checkbook IRA can be used to:
- Sell real estate or other investments
- Defer capital gains
- Avoid the headaches of 1031 exchanges
- Eliminate custodian involvement
- Reduce litigation threats
How I Use My Checkbook IRA
I use my checkbook IRA to invest in all thing’s real estate, startups, financial paper, precious metals, cryptocurrencies, and even the stock market.
Other eligible investments include but are not limited to, tax liens, hard money loans, private companies, IPOS, ICOs, foreign currencies, crowdfunding, and more.
Only life insurance and collectibles are off-limits. I prefer the “Total Control” that a “checkbook IRA” strategy provides to achieve my investing goals.
Using a checkbook IRA to make investments with my retirement funds has proven to be a great way to diversify my retirement portfolio. It has also allowed me to invest in hard assets, such as real estate, that I know and understand.
The Ultimate Self-Directed IRA
It’s choice – not chance – that determines destiny. – Jean Nidetch
So, why not choose to be in control of your retirement plan and funds? A checkbook IRA is an excellent option for investors looking to diversify their assets beyond stocks, bonds, and mutual funds.
By taking a “hands-on” role in investing your retirement funds, you will avoid paying high broker fees and always know precisely what is happening with your money, all from the comfort of a local bank account.
Watch the video and contact an experienced advisor to help you structure a retirement plan that meets your needs.
I recommend Steve Barnett, President of Elite Pensions – Ricardo Crooks
I have learned over the years that diversification is a simple way to boost investment returns and reduce risk! To unlock a world of alternative investment opportunities, contact Elite Pensions today!
Best Mobile Trading Apps and Security Options for People on the Go
- BitCoin IRA: The largest and most secure Bitcoin IRA.
- Fischer Capital: Passive income with minimal risk.
- TD Ameritrade: Best overall stock trading platform.
- Robinhood: Best for options trading.
- Global Trades: Best passive trading platform.
- Nexo: Flexible instant crypto credit lines.
- Cryptohopper: The most powerful crypto trading bot.
- BitUniverse: Best auto tracker & trading bot.
- Binance: The “world’s largest” crypto exchange.
- BitForex: The most liquid cryptocurrency exchange.
- Coinbase: Best “beginner-friendly” crypto exchange.
- Gemini: Best “low fee” crypto exchange.
- TradingView: Best real-time market info & insights.
- CoinTracking: Best for crypto tracking and tax reporting.
- Yubikey 5 NFC: Best 2FA security for mobile.
- Ledger: Best crypto hardware wallets.