Some of them include:Checkbook controlNo need for a custodian (eliminate all custodian, transaction and asset-based fees)Large contribution limit up to $55,000 per year (10X higher than an IRA)Tax-free investing using designated Roth accountExempt from UBIT on leveraged real estateand more!

@Mark Ryan PetersonIf you are self-employed and have no full time employees, then taking advantage of a Solo 401(k) or SEP IRA would give you the ability to make significant contributions and reduce your taxes.If you are employed by someone else, or have employees, then your options would be limited in terms of making new contributions.Best to discuss with your CPA.Assuming you can sock away a good amount into a retirement plan, and/or have some previous 401(k)/IRA savings to start with, investing that tax-sheltered money into real estate or related such as mortgage notes could be a good option for diversification of the plan. 

They work fulltime and between the two bring in the majority of the $1.1M we needed to pay down.While I also bring in a significant part of that equity I benefit from my partners equity contributions.

For those who make a contribution, Jay has offered to have a phone call to allow you to ask him questions and tap into his immense wealth of knowledge.

In exchange for their mentorship I would provIde my time to work and contribute in any way I could while learning.

Yes, it is recommended that you have your own recordkeeping, not only to capture transactions not processed thru PM such as admin & overhead expenses, owner contribution/distribution, fixed assets, mortgages, insurance, etc, but also it's a good control to make sure all PM transactions are accounted for properly and completely.

Please consider:Looking to partner with 2 other individuals (no family connection whatsoever) on an 80 unit multifamily --  party A being my SDIRA LLCEach party will contribute 1/3 of the required funds and have 1/3 ownership---this is not a syndication but a partnershipBalance financed via non-recourse agency debt with one of the other partners being the Sponsor Property would be purchased under a separate LLC with equal ownership My contribution would be made not from me but from my IRA LLC  --  not sure if this would be a loan to the joint ownership LLC or my SDIRA would need to be on titleNormally a deal like this could and in this case would be structured with a couple of additional expense items:An acquisition fee and potentially a disposition fee upon sale say 1.5% to the individual putting the purchase or sale deal togetherAn asset management fee (this is not a property management fee but more of an administration / manage the manager fee)These fees typically go to a designated member and/or the person that puts the deal together (me) but technically I suppose it could go to another 3rd party -- it is not part of the asset value they are expenses So my questions:Can I be the designated person to oversee and collect these fees?

I did something similar - I cut contributions from 22% down to the company's match to save capital for RE investing, but I don't get 20%, I get 7%. 

For example if you work full time and make above the SOcial security limits a LLC or S Corp really makes no difference as you have maxed out your SS contributions. 

We're even seeing Denver home-shoppers and investors buying in our northern neighborhoods, contributing to the net out-migration that is being reported for Denver based on the cost of housing there.