The transaction you describe would effectively be you purchasing the property from the IRA.All activities of a self-directed IRA must be exclusively for the benefit of the IRA and there may be no direct or indirect benefit in either direction between yourself (or disqualified parties) and the IRA.A self-directed IRA is simply a way of broadening the investment choices of the IRA.An IRA can purchase property, including with a non-recourse mortgage.All income produced by the property flows to the IRA tax sheltered.

Thank you so much :) Like you I invest in direct real estate (but via residential rentals).

Why have yourself as the trustee, whether directly or indirectly?

There have been several blatant posts that are in direct violation of the forum rules, and the NRU members don't seem to care.

I'm in the process of creating a website in direct competition with this site, but with a focus on the wholesaler, rehabber, and investor industry.Looking for feedback on LoopNet from BiggerPockets users...They have REO, Distressed Properties, Sales Comps, etc on the site.

One of those I saw it ruin was my father even though he was able to bounce back after the S&L crisis.That's why I will only tell the truth in direct terms.

If it takes X amount of money/time to get X dollars in deals  (for example, an ROI in direct mail), I can track that and see what it is worth. 

(a) An associated person of an issuer of securities shall not be deemed to be a broker solely by reason of his participation in the sale of the securities of such issuer if the associated person:(1) Is not subject to a statutory disqualification, as that term is defined in section 3(a)(39) of the Act, at the time of his participation; and(2) Is not compensated in connection with his participation by the payment of commissions or other remuneration based either directly or indirectly on transactions in securities; and(3) Is not at the time of his participation an associated person of a broker or dealer; and(4) Meets the conditions of any one of paragraph (a)(4) (i), (ii), or (iii) of this section.

Heavy hitters" respect the membership by adding value and sharing applicable experience rather than indirectly soliciting PMs, presenting misleading information, or posting blatant adds that skirt forum rules.

California’s Bus & Prof Code §17500 statute provides: “It is unlawful for any person, firm, corporation or association, or any employee thereof with intent directly or indirectly to dispose of real or personal property or to perform services, professional or otherwise, or anything of any nature whatsoever or to induce the public to enter into any obligation relating thereto, to make or disseminate or cause to be made or disseminated before the public in this state, or to make or disseminate or cause to be made or disseminated from this state before the public in any state, in any newspaper or other publication, or any advertising device, or by public outcry or proclamation, or in any other manner or means whatever, including over the Internet, any statement, concerning that real or personal property or those services, professional or otherwise, or concerning any circumstance or matter of fact connected with the proposed performance or disposition thereof, which is untrue or misleading, and which is known, or which by the exercise of reasonable care should be known, to be untrue or misleading, or for any person, firm, or corporation to so make or disseminate or cause to be so made or disseminated any such statement as part of a plan or scheme with the intent not to sell that personal property or those services, professional or otherwise, so advertised at the price stated therein, or as so advertised.