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Updated about 4 years ago,
My LLC and my SDIRA - Origination fees for my LLC
I have a question about using my LLC to originate a loan that my SDIRA will fund. I will not be lending to myself but to qualified party so as not to create a prohibited transaction.
My question is, since my LLC is conducting the work to originate the loan, can my LLC receive origination fees as a result of that work, appearing as a separate line item on the HUD? My SDIRA will fund the loan and will receive repayment of the loan appropriately, just curious if the origination fee received by my LLC creates a prohibited transaction.
Thanks,