Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply presented by

User Stats

347
Posts
191
Votes
Shera Gregory
  • Investor
  • Richmond, VA
191
Votes |
347
Posts

Rent deposit for house owned in my SDIRA

Shera Gregory
  • Investor
  • Richmond, VA
Posted

I have a checkbook control Roth IRA in which I recently purchased a small single family home for long term rentals. For my non-IRA rentals I have a separate savings account to hold all the rental deposits since you are not supposed to co-mingle deposits with other funds. For the SDIRA I have a checking account for the LLC which I set up at a different bank from all my other checking just to prevent any accidental transfers between accounts that might cause a problem. So -- my question is about the deposit for the house owned in the SDIRA. Should this go into the LLC that the SDIRA owns or should be it be held outside of the IRA?

Loading replies...