My SD 401/IRA as a Client.

[Ralph S.]

Ok, so you can, but you can't. I fully understand (no, I don't).
No, I don't want to vacation in the vacation home my SD IRA owns. Please don't point me to an IRS pub.

That you can't personally benefit from the profits of your SD IRA or SD 401(k) is a pretty clear statement, mentioned many times here in the forums, well, now forum. No skimming, syphoning, comingling. It alone makes (or loses) on the investments, I don't get any. Makes perfect sense and I can live with that. I'm not interested in milking it, want it to grow, so I ask.

Is there a separation between an SD IRA real estate investment and the business income I might derive by providing normal and customary business services to the SD IRA?

Or, would it just appear as an LLC shell game and an attempt to avoid detection?

Let's play What-If:
What if, I'm a broker or agent, disclosure issues aside, do I get a commission when my SD IRA buys and sells?
What if, I'm a contractor (licensed, insured, file a Schedule C, have employees, blah-blah-blah), can I competitively bid, and be awarded the contract to work on my SD IRA owned properties?
What if, I'm licensed and provide Property Management services, can I have a contract and charge a fee to manage my SDIRA owned investment properties?

What sayeth you SD wizards out there? My SD IRA, my client. Sure to get great service, but is it allowed?