Question about Self directed Roth IRA LLC's

[Moses Lucero]

Hi BP community!

So, here is the question and I hope I do not lose or confuse anyone.

I am currently using my check controlled SDIRA LLC to partner and invest with another persons check controlled SDIRA LLC. in a project/business.

With that being said me and that individual would like to start another different and separate project using our other regular LLC's as partners in this separate project.

When we had spoke about starting a new separate venture with our regular LLCs. Someone had said that we were not allowed to partner on anything else because we had already established a partnership with our SDIRA LLC. in the other business already. It would cause red flags or something like that to IRS. I have tried to talk to my CPA about it but they hardly even understand SDIRA LLCs as it is. (time for a new CPA and I am currently looking). So I have very little luck to finding the correct answer.

I apologize in advance if this didnt make sense. And I am more than happy to try to explain it better if it didnt. I am just trying to get some clarification on if i can continue on partnering with my regular LLC with that same person.

Thank you!!