Updated almost 3 years ago on . Most recent reply
How do I go about accepting IRA funds to fund realestate deals (syndicate)?
So I have been flipping homes for a couple years now. I am looking to purchase a 8 plex in San Antonio, I have a couple people willing to invest with me on this deal. I have a LLC already established, one of the investors wants to invest with his self directed IRA. I know people can invest in realestate with IRA, but I do not know how I would go about accepting this funds, would anyone happen to know?
Most Popular Reply
That is the investor's issue. From your end it's just money. You don't care whether it's IRA or after tax money. You just make sure that you pay returns to the entity you received the funds from.