A Roth is a way of avoiding taxes. Not to argue...but I already have a Roth IRA through TD Ameritrade that I add at least 50% per year on the account without additional contributions (well at least over 50% during the last 5 years) and this account will be way over 7 figures by the time I hit 59 1/2....I'm 51 now.
No one seems to understand the question. My understanding is that I can setup a self directed ROTH ira with an LLC owned by that ROTH. The Question is whether or not 1099 income from futures trading for a prop firm on accounts owned by the ROTH would be taxed in any manner. I know a SD Roth IRA can own an LLC and the scenario isn't listed in the prohibited transactions regs. So.....
