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Updated about 13 years ago on . Most recent reply
Dad's SDIRA to my RE LLC
Entrust said this can't be done, but I want to make sure before I give up on the idea.
I am a 50% member in my RE holding company that holds and manages my rental property. The other 50% is owned by girlfriend, eventual wife. My dad would like to make a $35k or so investment in my company that would be pooled with other funds to buy more property. He wants no involvement in acquiring, managing, rehabbing, etc.; only a return on the investment.
Is there a way we can structure the deal to enable him to invest?