What makes a self-directed IRA custodian different is that they are not purely connected to the public exchanges and limited to investing in stocks, bonds and funds, but rather have the staff training and paperwork to document the IRA's investment in the more individualized transactions that occur when investing in real estate, notes and other non-traditional assets.

If you refinance your BRRRR property, you hopefully executed the process correctly and receive your initial investment (plus some extra) and can then go re-invest that capital in another property.

Stuff that might work for 1 deal yet does not scale for larger or multiple deals run together.If you want the partner to do something, it better be material to the success of the project and it better be something the person is competent enough to execute.

Upon termination date, RESIDENT shall be required to vacate the Premises unless OWNER and RESIDENT formally extend this Agreement in writing or create and execute a new, written, and signed agreement.

+ Cheap and excellent staff and partners (I'm especially excited about this one.   

Simple theory but the trick is in the execution. 

You need to make it worth them to stay.Schedule:  What was the agreed upon timeline when you executed the lease? 

Those activities just cannot intersect in any way with your IRA's investments in real estate.A LLC under the IRA is not required, but is generally a much more efficient tool for holding assets like real estate that generate a frequency of transactions or anything time-sensitive in nature.You can in a limited sense administer a plan held property; executing contracts, paying for expenses and receiving income into the plan.  

The IABS you should always have your clients execute when you are representing them as either a buyer or sellers agent. 

Do you operate the Day Care Business in NY yourself or do you have full-time staff managing it and you just receive a distribution / profit?