Originally posted by @Charlie Fitzgerald:Broker to an established lender in the space...less headache...less risk...more consistent income...pm me for more details if you like. 

If you are thinking that because the primary purpose of your IRA is to invest in real estate, that the IRS is therefore exempted from UBIT on flip income, you had better have a conversation with your tax advisor.

You’ll need to establish a history of successful projects and a relationship with a hard money lender before you can expect the best financing terms.

Upon reviewing a new client's tax returns, I can tell pretty quickly if their prior tax advisor had any real estate experience.

Goldblatt notes between having a trust company serve as custodian and do all the transactional processing for the account, or creating a checkbook IRA LLC whereby you can directly administer investments from a bank account of your choosing.In addition to business model, there are significant differences between firms in this industry based on quality of service and the level of expertise available when it comes to complex matters such as performing Roth conversions on an account holding hard-to-value assets over time.The best thing to do is browse the forums here on BP, call a few of the experts who take the time to contribute to the community to get a feel for the services provided and then be sure to speak with your licensed tax advisor before moving forward.A self directed IRA or Solo 401k can be a fantastic tool for diversifying your retirement savings into real estate.

Provide a professional tax and legal advisor with a lot more information than you have given here and see what is best for you.Oh- isn't transactional funding for like 5 minutes @Lari A.?

You can still expense  the real expenses related to the property/deal to the property to reduce your tax bill.Get your tax and asset protection advice from your own professional advisors, but generally speaking, you are doing business with an LLC, but effectively negating the LLC and doing things like a sole proprietor. 

Accordingly, you will net $72,500 from the sale of the property ($80,000 gain minus $7,500 depreciation recapture tax).Check out this article I wrote on IRC Sec. 121 Capital Gains ExclusionAnd check out this article on Depreciation Recapture This response neither constitutes legal advice nor establishes an attorney-client relationship.

@Michael MelchiorFirstly, you have to establish a self-directed IRA, Checkbook IRA LLC, or Solo 401k.  

As my earning ability has continued to increase, I have become more and more interested in establishing a real estate investing business.