An associate approached me with a lead that I would like to purchase within my IRA.

She and my IRA would own a certain percentage of the property and share in profits or losses.

You also need to decide which plan (SEP if 2022). w2 income was 400 k so I capped out of SS, as i understand I owe now only a Medicare tax 2.9 + add Medicare tax, i have both SEP IRA and a solo 401k account opened for LLC, hopefully this provides more clarity to my question, will appreciate further guidance.

I ask everybody that I know if they know anyone who has a 401k or CD or IRA or any retirement money that they want to get a great return on.

An alternative to that would be to transfer your 401k into self-directed IRA or truly self-directed Solo 401k plan as Ned mentioned, then you can invest in real estate and other alternative investments tax-deferred (or tax free with Roth).

My hesitation to a self-directed IRA is I don't know the different funds to move the money around in.

IRAs are different. 

She tells me she lost her job, they turned off her cable, maybe turning off electric soon, her boyfriends truck broke down so he had to drive her van to work, she pays 1000.00 a month in child support for a kid I had no idea she had, they can barely buy food, shes cashing in her IRA so 'Mays' rent should be on time.

Specifically, I am interested in converting a Roth into a checkbook self directed IRA. 

.- Buying assets does not necessarily allow you to offset your other income- If it does, it's for one year only- REPS and realtor license are unrelated- REPS is difficult, sometimes impossible, to qualify for when you have another business you manage- Managing the practice probably does not make your income "passive"- There're other potential tax strategies to explore- None of them are a magic bullet that suddenly erases your taxes, they can provide a partial relief onlyYou may find this long thread interesting (warning: like all public discussions, it has a lot of misconceptions): https://www.biggerpockets.com/forums/51-tax-legal-issues-contracts-self-directed-ira/topics/942575-tax-benefits-from-re-investing-in-high-income-earners