Madison Trust Company Q&AAnswer
Mar 27, 2024 - 08:24 AM
When purchasing a rental property using your IRA LLC or IRA Grantor Trust, you would hold the recorded deed as manager/trustee of your LLC/Trust. If you purchased a rental property using your Madison Trust IRA, you do have the option for us to hold the deed in our safe in the office.
If you have any more questions about your Checkbook IRA Trust
Please note, Madison Trust is a passive custodian and therefore, does not give legal, tax, or financial advice. Please consult with your tax adviser before making any investment decisions.
