Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply
SDIRA Expert Question
BPers,
Let's say two SDIRAs invest in a trust. SDIRA #1 investing $80,000 and SDIRA #2 investing $20,000. Is there a way to split profits in any other way than the percentage that goes in (80/20) in this case?
Could SDIRA #1 buy only say 50% of the trust shares with their $80,000, while SDIRA #2 buys the other 50% of the trust shares with their 20%?
I'm looking for expert answers on this topic from those with a in-depth knowledge of the topic.
Most Popular Reply
Thanks everyone for the input. It's very much appreciated.
So partnering on a non-matching basis is a bad idea (which confirmed what I've read up on). I think that I could invest 100% of my funds upfront and then sell the investment to another IRA. As long as I followed the prohibited transaction rules I could profit more from my sale of the investment than the person or entity that bought it from me.
Would that be a problem?