Lending out of SDIRA

[Steve Hiltabiddle]

Hey folks, Looking to get insight on how folks might lend from their SDIRAs.  I will certainly get advice from a qualified professional but curious what my options might be and why.

One option would be each loan is considered a single asset.  At the end of the year if I make 10 loans, I'd have 10 assets to account for with my SDIRA administrator.  

Another option (I believe is an option), setting up an LLC in some form or fashion where the LLC is a single asset in the SDIRA but funds come and go through that single entity (or the SDIRA loans to that asset who distributes the money to the borrower). At the end of the year, I believe I might only have 1 asset to account for with my SDIRA administrator.

I welcome any thoughts as to where you might be with your set up if this question fits the bill.

Thanks,
Steve

[Jacob G.]

I do it with thru an LLC - so one asset which makes all the loans. You then have an LLC at your bank which is essentially your sdira.