Our LLC presently owns 4 properties (1 duplex, 1 single family home and 2 vacant lots - set to build a new construction duplex this fall on one).My dad is 64 and I think is finally coming around after 10 years of us being in this partnership (we each have around $25k of our own initial capital invested -- Properties are worth around $350k total - when we build the duplex the # will go up to $487.5k with one duplex built and $650 w 2 built. -- Our LLC will be in partnership with another individual who will help me complete the build and I'm assuming 50/50 splits on the new const builds.So to get to my question - I have been pitching the idea to him that he could use funds in his 401k/IRA accounts to invest in additional real estate (If you read my other posts and my profile I've been focusing on a niche of renting to college kids here and want to expand that as I have been getting the word out amongst students thats what I do).Heres my scenario -- We are 50/50 partners in "XYZ LLC" -- can he set up an IRA to lend funds to the "XYZ LLC" (ie either a cash transaction for a property where we use funds to act quickly to purchase and then refinance later, or use the funds as a 20% down payment coupled with traditional financing etc)     The mortgage on the property would be in "XYZ LLC's" name and the mortgage would either be tied to his IRA, or bank if we get traditional financing/however we end up purchasing.He is a completely passive member of the LLC as I am active and handle day to day and he also lives in a separate city if that matters.  

Since my husband is the only one working right now, I don´t know if he could open the account in the US, being guatemalan, non-resident. 

*Mic drop

Listen to the BP podcasts, I downloaded them to a "usb thumb drive" to listen to when I'm driving.

Thanks so much for doing this.One feedback - with great content like this I hope the audio quality gets better.. perhaps a better mic and audio processing afterwards.

*drops mic*

But this will affect our savings rate for sure, and I don't see us being able to get conventional loans with my partner's reported SE income right away.Moreover, I would like to start a family in the next year or two and be fully present.Areas considering:Texas - I was born and raised here, lived in all areas along I 35, and experienced the growth firsthand before moving from DFW to California in 2019.

They didn't/don't bat an eye at us being the first call for maintenance concerns.  

Mic,There really is no reason for shifting them to an S-corporation other than giving yourself more of a headache.Consider an LLC and put that properties there.

Not being in a vacation area, the STR decline that popped up on BP this week doesn't seem to be affecting us.   Being