It's my understanding that the previous auditor only had the position for eight months, jacked everyone’s taxes up, and then resigned and passed away.

But I’d say if you check the spaces and everything passes the smell test, should be fine.

If you don't do that, once she passes it will go to probate court and it can cost a lot money.

It's just a pass-through entity so the income would flow on to your personal and you would pay taxes based the tax bracket you fall in for you personal income (from my understanding).

What methods do other private money lenders use to pass along servicing fees to the investors involved?

Won’t pass muster with governmental authorities2.

There’s more renters than landlords so it’s easy to pass these things.

@Marc Robinson if it is on a lagoon I would pass on it based on that alone.

Generational Wealth: If your SDIRA invests in real estate, those assets can pass to your heirs, benefiting from the step-up in basis (outside the SDIRA) or continued tax-advantaged growth if inherited in a beneficiary IRA.

What in the world would have happened if both completely opposing measures passed??