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Self Directed ROTH-IRA has cleared Earn By Loaning
HYIP Due Diligence, HYIP Updates, HYIPTags: Earn By Loaning, EBL.
Posted by ePayDay (the SD-ROTH IRA owner):
SD-ROTH IRA loan funded on 1-June-2007!!!
I’m not a financial advisor or USA tax professional so any advice you use based on my written or spoken word, YOU DO AT YOUR OWN RISK. Only risk what you can afford.
It took about two months to fund a loan with EBL using a Self Directed ROTH IRA (SD-ROTH IRA).
Now that my SD-ROTH IRA Company (Pensco) has done the Due Diligences, I believe that it will be much easier to manage my IRA loans with EBL through a SD-ROTH IRA, LLC.
A SD-ROTH IRA, LLC basically gives me a checkbook to my ROTH IRA money so I can manage the loans without lots of paperwork and wire transfer fees to keep it all legal. Not sure but a SD-ROTH IRA Company like Pensco would not be needed for a LLC setup. I believe the LLC becomes the SD-ROTH IRA Company. You could fund the LLC with IRA dollars which could be a current year contribution or rollover from where your IRA money is now. Ask your tax professional for help in this area.
I’m not a financial advisor or USA tax professional so any advice you use based on my written or spoken word, YOU DO AT YOUR OWN RISK. Only risk what you can afford.
If I used a SD-ROTH IRA, LLC to start with, I would have had to do the DD that Pensco did. Now we all benefit from my dream to retire early! Enjoy!
If you want more information about what I did, please visit my web site. There is too much information to post here. If admin removes my web site link, it is in my profile OR signature OR the WWW link.
http://www.1wp.com/go/HYROLDream/
I’m not a financial advisor or USA tax professional so any advice you use based on my written or spoken word, YOU DO AT YOUR OWN RISK. Only risk what you can afford.
The entire thread which started on March 10th, 2007 can be found at: http://earnbyloaning.com/forum/viewtopic.php?t=97
Earn By Loaning has become one of the true shining programs this year. Fully registered with the Nevada Secretary of State, they passed the PayPal/Home Land Security scrutiny after an international deposit, and now cleared by a Self Directed ROTH IRA company. What else do you people need to get your butts into gear and stop giving your hard earned cash away to scammers?
As I reported recently the new website will be coming online very soon.
Popularity: 5% [?]
Hi Nelson,
Thank you very much for posting the information here! It’s good to hear that an independent, third-party, financial institution, like Pensco Trust, has given their approval. As Kerry and Troy said earlier, what Quest Holdings is doing with the loans was fully disclosed to Pensco Trust. We all speculated that Pensco Trust would give their seal of approval and now it’s happened! That’s the best DD information, yet!
WTG, EarnByLoaning and Quest Holdings!
JMO,
Sharon