Self-Directed IRA for Real Estate Investments

[Dallas Waldon]

Hello! My current pension plan is being closed and I would like to roll the capital into a self-directed IRA. At first, I planned on investing in stocks. However, I have a "side" business in which I buy and sell vacant land and it was difficult for me not to take out the money and deal with the tax consequences. So I came upon the idea that I could buy and sell real estate within the IRA. I would not be doing this through my business, I would be doing it through the IRA as myself or my husband. They are typically low-cost investments, so I'm not worried about the IRA running out of capital for the costs associated with the land. That being said, I know it is an untraditional route and I could run into problems if the IRS thinks I'm benefiting myself or my husband. Would it be a problem if I had my business advertising for the land sale, even if it goes through the IRA? Thank you so much for your expertise and opinions!