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Updated over 4 years ago, 07/06/2020
Self Directed IRA - Question About Self Dealing
I am considering investing funds from a Self Directed IRA into an LLC which will be developing raw land and constructing townhomes. My IRA would own less than 50% of the LLC (perhaps 15-25% at most). Could my wife or myself receive compensation from the LLC (such as employment by the LLC supervising construction, or receiving commissions for selling the townhomes), or would this be considered Self Dealing?