Landmark Land Sales

Landmark Land Companies

Frequently Asked Questions about Investing in Mortgage Notes

and Real Estate with a Self-Directed IRA

LLS Capital Management, LLC is aware of a Trust Company that specializes in servicing self-directed IRAs invested in real estate. PENSCO Trust Company is a special asset custodian for self-directed IRAs based in Portsmouth, New Hampshire. www.pensco.com They are one of a few companies in the nation that can act as an IRA custodian for individuals and can assist in setting up fully qualified self-administered plans. While we believe PENSCO is a highly qualified, regulated financial institution, it is your decision to choose a custodian. PENSCO suggests that you and/or your advisors contact them for more information about their services. We do advise that you choose a regulated trust company or bank that is knowledgeable about real estate-related investments.

Q: How can I buy mortgage notes with my IRA funds?

A: You need to find a special asset custodian that can provide the required administrative and custodial services necessary to have a truly self-directed IRA. PENSCO executes transactions such as investment in mortgage notes based solely upon the instructions you give PENSCO. It is important that you perform the necessary due diligence to protect yourself when choosing an investment. PENSCO, as a "passive custodian", does not provide investment advice nor sells investments. PENSCO clients self-direct their accounts by choosing their own investments and are, therefore, responsible for their decisions. However, PENSCO does provide its clients with tremendous flexibility in choosing different types of investments, and any number of investments, within their IRA.

Q: How can I be sure that Landmark's notes are qualified investments for my IRA?

A: According to PENSCO's website:

IRA Qualified Investments -

The regulations for IRAs regarding prohibited assets include only life insurance and collectibles. Therefore, all other asset types are permitted. See the IRS publication listed below regarding IRAs or contact PENSCO for more information. Toll Free (866) 818-4472 www.pensco.com/invest.asp

PENSCO Investment Opportunities

While most IRA custodians restrict your investment options, PENSCO Trust Company allows you to take advantage of the full range of IRS-permitted assets. Listed below are just some of the special asset types that PENSCO's self-directed IRAs can accommodate:

Real Estate Including single or multi-family dwellings, apartments, commercial buildings, raw land, vacation property, condominiums, mobile homes, etc.

Trust Deeds / Mortgages, and Mortgage Pools

Private Notes and Loans

Private Stock Offerings

Limited Liability Corporations (LLC's)

Limited Partnerships (LPs)

Tax Certificates

Receivables

Stocks, Bonds, Mutual Funds

Annuities

Commercial Paper

Unit Trusts

As you can see, mortgage notes are qualified investment vehicles for self-directed IRAs.