First joint venture purchase with SD IRA's

[Michael Clanton]

Hi fellow BP members! This is my first posted question, so please bear with me!

My dad and I recently used our SD Roth IRA's for the first time to purchase an investment property in SC that we plan to flip. The property was purchased with funds from 2 of my dad's IRA accounts (25% and 50%), and my IRA makes up the other 25%. We did not have an LLC set up for this investment, mainly due to our timing. Our IRA's are with Equity Trust.

My question is, is there a way around having to have 3 checks written out (one for each account) for every expense? Maybe not necessarily on this property since we have already purchased, but I was wondering what would be the best way to avoid this going forward?

Thanks in advance for any input!