SDIRA with family member
Wondering if anyone has experience with this. Here's the scenario:
My mom has an IRA and we have talked about her becoming involved in investing in my ventures. We have recently spoken about moving a portion of her IRA to an SDIRA and buying a property threw the SDIRA.
My question is:
If she purchases the property with SDIRA funds can I be paid (personally or my LLC) for work done on the property in order to flip it.
Please advise!
John