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Updated over 8 years ago on . Most recent reply

User Stats

32
Posts
9
Votes
John Hill
  • Rental Property Investor
  • Salt Lake City, UT
9
Votes |
32
Posts

SDIRA with family member

John Hill
  • Rental Property Investor
  • Salt Lake City, UT
Posted

Wondering if anyone has experience with this. Here's the scenario:

My mom has an IRA and we have talked about her becoming involved in investing in my ventures. We have recently spoken about moving a portion of her IRA to an SDIRA and buying a property threw the SDIRA.

My question is:

If she purchases the property with SDIRA funds can I be paid (personally or my LLC) for work done on the property in order to flip it.

Please advise!

John

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