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Updated over 8 years ago,

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Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
1,451
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1,723
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Tax, SDIRAs & Cost Segregation

Brother in law as disqualified party?

Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Posted

My brother in law wants to use is self directed IRA to invest in our 506(b) private equity fund. His custodian, Equity Trust says that because I'm a 33% managing member of the fund, that I am a disqualified party. This seems to be hogwash. Any thoughts?

Bob

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