We generally recommend setting up the LLC in the state where the LLC will own assets. If the IRA/LLC is buying real estate, we would recommend the state where the property is located. For non-real property assets we generally set up the LLC in the state of the IRA owner except in certain instances where the state fees may be high. This is something to discuss with your attorney during your consult.
Our sister company, Directed IRA, can establish your self-directed IRA and has a low annual fee of $295. An IRA/LLC consists of two parts, first, a self-directed IRA with a custodian who allows for IRA/LLCs (Directed IRA), and second, an LLC that is tailored to be owned by an IRA and has IRA required provisions (set up by KKOS Lawyers).
We have an all-in-one application that sets up the self-directed IRA Directed IRA and gives the LLC intake to KKOS Lawyers. That can be completed entirely online, here.
