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Updated over 12 years ago on . Most recent reply

User Stats

115
Posts
20
Votes
Donna Smolinski
  • Flipper
  • Carlsbad, CA
20
Votes |
115
Posts

SDIRA - can my brother be one of the contractors on the job?

Donna Smolinski
  • Flipper
  • Carlsbad, CA
Posted

My brother has expressed interest in doing some of the work on our rehabs, now that we're investing in his neck of the woods. Can he do some of the work at fair contract pricing for the properties we buy in our SDIRA? I know you can't sell, borrow or rent to a family member, but I'm not sure about contracting work (mostly tile & misc repair work). We will be invoiced standard rates from him for work performed, so we aren't benefiting financially. It's just that it would be nice to have someone do the work that we know and trust 100%.

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