@Heather HortonYou should definitely have someone else handle the real estate transaction.The IRS rules prohibit any direct or indirect benefit between a plan and a disqualified party - in either direction.  

He considers that the DOL definition may include the fund sponsor as a fiduciary since the investment docs (PPM, or other) will likely contain information that would be considered “investment advice” and since the manger/sponsor will indirectly be receiving compensation as a part of management of the fund or start-up then the managers are indirectly receiving a fee for providing investment advice and consequently you may be deemed a fiduciary.Does anyone here have an opinion on this in agreement or to the contrary? 

I live in 27615, just a few minutes to the west of this area. 27616 is poised for indirect benefits from a number of things going on in the area, not the least of which is the revitalization of the Capital Blvd corridor leading into downtown Raleigh.

There are leasing companies, brokers, banks, anything where you are even indirectly related to the field.

I was fortunate to have a mother and father who constantly told me, directly and indirectly in thousands of ways, that I could do anything I set my sights on and could achieve any goal at all with hard work and perseverance.  

Think about these questions because the commercial operators may directly or indirectly impact your revenue. 

What you describe is a way for people to knowingly attempt to circumvent the prohibited transaction rules with the intention to indirectly benefit from the investment of their retirement funds.

To prove how ridiculous this is, most of the indirect access lots have 80 feet of frontage.

Only earnings from self-employment can be contributed, and there are limits to how much can be contributed in a single year based on the level of that income.We have worked with clients who leverage an existing Roth IRA to feed a new Solo 401k, but it is pretty indirect and requires that they have income from self-employment sufficient to meet their contribution goals. 

Yes, there is an indirect benefit because when people help you, you'll help them in return later.Being from NYC, I understand your cynicism and being a skeptic.