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Updated almost 7 years ago on .
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Combining SDIRA For One Property
Hello BP Nation,
I am quickly approaching the 10 mortgage limit, after only getting my first investment property 5 months ago, and I have a question regarding SDIRAs.
Can I combine my Roth IRA and my Traditional IRA to buy one property?
For example, say I have $50K in a Roth and $50K in a traditional, can I purchase a $100K property (all in with closing costs), and have the rent be split 50/50? I'm assuming that I would need two SDIRA LLCs, but is
that common for one property?
if so, any recommendations of a SDIRA custodian?
Thanks in advance for any help.
Tim