@Robin CornacchioYou cannot sell or transfer an asset from your IRA to yourself.  

Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = OwnerAgent = someone legally representing the ownerProperty Manager = agent

I am using my IRA to fund this so of course want to be sure of my decision.

. about 9 years ago we bought a small SFR 3 bed- 1 bath Harper Woods, MI 48225 through a self-directed IRA and schedule 8 tenant .

Also since it is in a IRA anyway to take a tax credit for the investment loss?

I picked up, in a talk about use of SDIRA for REI, a mention of using 1099 Income to allow contribution to a Solo 401K.Does anyone have what kind of 1099 income might be so used?

SD-IRA How did you add value to the deal?

Investment Info:

Condo buy & hold investment.

Purchase price: $22,000

Cash invested: $2,100

This condo came in a package of two. Not my typical investment but the ROI will be amazing.

Brandon,Have you ever used a Self-Directed IRA for any investing or worked with clients who have used their SDIRAs?

I have money in my traditional Ira that I believe I could roll over to sdira.