Self Directed Ira - Is a purchase of Travel Trailer allowed

[Chris Goon]

If a person already has land/lot through the Traditional SDRIRA, would the purchase of a mini travel trailer for that lot be allowed under the SDRIRA?   The intention is to rent the unit.  In my area the growth and demand for a little land and fresh mountain clean air & water is exponential.  I figure it may be worthwhile to get the monthly earnings back into the SDRIRA this way. The acquisition cost is fairly small, compared to the potential earnings.  The reason I ask is that it is technically a recreational vehicle, however its going to be rented on a lease agreement for 6-12 month basis.  Would that fall into a rental home category?  or would that even matter. 

[Dmitriy Fomichenko]

Originally posted by @John Underwood:

I would think your IRA could own the land, you buy the RV and do a split between the two when rented based on value.

Absolutely NOT! Can put personal RV on IRA owned land.

IRA could buy RV, put it on a land it owns and rent it out. But everything must be arms length, IRA owned can't do any work and must use unrelated third party for any improvements/repairs.