SDIRA - Selling partial interests, paying off leverage, etc?

[Daniel Dietz]

Hi,
Thanks for all the great help I have gotten here so far. It has helped tremendously as I move towards my first dive into the RE Investing World,

My question for today is about the 'flexibility' of SDIRAs.

Example 1 would be if I buy a 'buy and hold' property with 100% funding from my SDIRA, and at a future date decide to sell a portion of my SDIRAs interest in that property (say 50%), is that legal? Could I sell it to person either within their SDIRA, or in just a deal that is not in a SDIRA? I assume I could not sell it to myself outside of my SDIRA at that point, even though it seems I could have bought it 50% in my SDIRA and 50% out of my SDIRA originally since that would have been from a 'dis-interested party'?

Second example would be if I chose to use leverage within my SDIRA at first and say use 50% SDIRA funds and 50% leveraged funds. Could I pay off or pay down this loan (leverage) at any time by either making a yearly contribution into the SDIRA or rolling over other IRA funds into that SDIRA?

Hope that makes sense.

Thanks, Dan