IRA to LLC

Hi, I listened to one of your podcasts about investing my IRA in an LLC and purchasing a home that I can rent to myself. Did the IRA allow you to pay rent to yourself? Can you elaborate on this topic?

I leave In VA

thank you

VERY IMPORTANT… There is some misinformation here. We covered this on the Directed IRA Podcast show today, November 13. Please get over to that show to hear our response. Thank you!! Mark and Mat. It will be live in the next 3-4 days.

That would be a prohibited transaction.