Can my SDIRA lend to my husband's SDIRA?

[Theresa White]

Hi BP folks,

So I've googled until I can google no more!  I cannot find an answer to this question:

Can my husband's IRA buy a property with a down payment, where the rest of the purchase price is covered by a private money loan out of my IRA? I get it, I get it...a person's IRA cannot conduct business with their spouse. But what about spouse's IRA? Why would I want to do this particular arrangement, you ask, instead of just pooling the money to purchase outright, which is perfectly allowable?

Because my hubby and I have a significant age gap (I'm younger), and he never saved for retirement until he met me. My IRA is significantly larger than his. So in the interest of growing his IRA faster and provide more options when he is eligible to tap into that IRA, rather than pool my money with his to purchase outright, I was wondering if my IRA could simply be the bank. My IRA collects a competitive interest rate, but his collects all the rental proceeds and captures the appreciation upon the sale.

Thoughts??