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Updated over 10 years ago,

User Stats

99
Posts
23
Votes
Daniel Guillermo
  • Investor
  • Long Island, NY
23
Votes |
99
Posts

Can my SD IRA and I lend to the same borrower?

Daniel Guillermo
  • Investor
  • Long Island, NY
Posted

I was hoping someone here would know the answer to this, I want to make sure this is not considered a prohibited transaction. Can I lend money from my self-directed IRA to a company and also make a private loan to the same company.

Here are the details. I am looking to lend someone $50K for a rehab project from my SD IRA but I am short about $10K. Can I make them a separate $10k loan from my personal funds? If the loans are paid back separately and the funds are not "co-mingled", would this be considered a prohibited transaction?

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