All Forum Posts by: Ryan Sweeney

@William Bronchick

Hi Will.

I wanted to take this one step further and clarify.

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%).

Thank you

Ryan

@Justin Windham low fees and checkbook controls...got a Madison trust...any other recommendations?

@Ron Angel I haven't yet, but still considering it for my IRA as well

@Bill McCafferty thank you very much Bill. I have reached out as well. Would love to chat in the future.

@Russell R. I reached out to Chris, thank you!

@Sandra Andrews thank you Sandra!

@David Putz I shouldn’t have limited to just paperstac, I guess I meant rather than doing all the leg work yourself.

@Jacob Akin I am getting that paperstac may not be best for long run, but certainly performing notes from there a good start point to learn.

Anyone seeing anything different?

@Sandra Andrews any recommendations on reads (outside of google it)?...most books seem to be bios and posts on BPs are sporadic.

I am reading Lienlord right now, will let you know how it goes... Sheila, lets connect further.  I am a veteran as well and maybe we can help one another out on that bond!