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Updated over 5 years ago,
Self Directed IRA for first rental property?
I am considering using a SDIRA to purchase my first property and am hoping the BP community can answer some basic questions.
1. Can I manage the property or do I need to have a property management Co? I understand I can not put any sweat equity in to it.
2. Can I own other properties outside of the SDIRA?
3. Do I have to create an LLC?
4. Do SDIRA companies have associates that will answer these kind of questions, or are they hands off?
Thanks in advance for your time.