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Updated almost 9 years ago,
UDFI/UBTI, paperwork etc for SD IRAs
Hi,
Looking for advice (dos/don'ts) around investing from a Selfdirected IRA into a RE private LLC that is leveraged.
It would be great to hear from folks who have done above mentioned investments and their experiences with filing taxes etc.. and experiences/opinions on whether it is worthwhile going along this path considering the taxes, paperwork and/or other headaches.
Also are the corresponding rules different between a Traditional IRA and a ROTH for an above mentioned type of investment?
Thanks