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Updated about 6 years ago,
Bringing In A Partner To A Self Directed IRA deal
I want to purchase a property with my SD IRA and intend to bring in a partner to help with the down payment. Any experience out there with equity vs debt partners? If we do a joint venture, what are the tax implications for both of us knowing I am using my IRA and he is not. The deal will be non-recourse seller financing. How are the bills paid and income received?