Investing in Bitcoin and other Cryptocurrency with a Self-Directed IRA or Solo(k)
Directed IRA Podcast

Investing in Bitcoin and other Cryptocurrency with a Self-Directed IRA or Solo(k)

2021-01-15
Tax lawyers Mat Sorensen and Mark Kohler explain how you can own Bitcoin and other cryptocurrencies with a self-directed IRA. They outline the legal and tax issues when buying outside an IRA and how a retirement account such as a self-directed Roth IRA can be tax efficient. They outline the process of rolling over funds to a self-directed IRA, investing them into an LLC  (IRA/LLC) and linking the LLC bank account to a wallet/exchange, and then using those dollars (fiat currency) for cryptocurrency on an exchange. They also cover the ...
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