.😂 Point is there is nothing new in real estate transactions as it relates to how you structure them. 

This is an IRA, just like any other self-directed IRA; however, it allows you to connect your IRA to the following: 1) You can use a checkbook IRA LLC type structure, for example, if you are purchasing individual rental homes, or an occasional fix-and-flip.

I am working through this structure with a number of clients right now from a tax perspective.I highly recommend Mark Fetzer at KKOS - I work with him often on these clients and he is set up to advise in Texas.

The lease establishes the structure for how the tenancy should go so I would just keep my communication in line with that.

The cool thing is you can structure the agreement between you and the private money investor in a lot of different ways that works for both parties.

Can you afford to work with those who don't have the depth of experience, the network, the structure, and the commitment to keep you out of trouble?

That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.  

I also liked the fact that it was structurally sound with concrete block construction, a tile roof, and high elevation.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Hey Becky,When you sell the property, the LLC will still technically own the property until it is formally restructured, so you will need to amend the LLC’s operating agreement and update its ownership structure to reflect the change, ensuring the absent partner’s interests are properly dissolved, and taxes are handled accordingly.