Self directed IRA partnering (JVs and my LLC)

[Ryan Sweeney]

My LLC is in a JV on a build (LLC owns the lot) Provided this goes well, my partnership will expanded to include a build on my next lot (owned by my IRA). I want to flow money into my IRA, but want to flow money into my pocket so I can gain financial independence here and now.

The JV is working on a 50/50 split on construction lending.

What is the best bet for the future 3 way partnership with my SD IRA (if any)?

Does it have to be profit sharing 1/3 each (Ira gets approved for loan)?

Or can you my LLC cover the entire loan and my IRA recoup its percentage of the profit (which if it only purchases land, should be around 8-10%).

Is best/legal/safest to split evenly? My partner is open to whatever really, it is mostly about leveraging my capital via my IRA and legally putting as much money into my pocket.

Thank you

Ryan