Rental Property Investor · Perry Hall, MD · Member since 2016 · 586 posts · 598 votes
As the title says, I'm considering investing in the same debt fund using both personal funds and SDIRA funds. Provided I ensure I'm keeping capital segregated, signing subscription docs/contracts separately for each entity, and otherwise treating it like two completely separate investments by two completely separate entities are there any issues with doing such a thing?
As the title says, I'm considering investing in the same debt fund using both personal funds and SDIRA funds. Provided I ensure I'm keeping capital segregated, signing subscription docs/contracts separately for each entity, and otherwise treating it like two completely separate investments by two completely separate entities are there any issues with doing such a thing?
As long as it is a passive hands-off investment, and one part of your investment is not contingent on the other, I see no issues.
Clarification: Contingency that I refer to would be, for example, when you cannot meet the minimum investment requirement without combining your two sources of capital. Then there is potentially an argument about you drawing a personal benefit yada yada yada.
As the title says, I'm considering investing in the same debt fund using both personal funds and SDIRA funds. Provided I ensure I'm keeping capital segregated, signing subscription docs/contracts separately for each entity, and otherwise treating it like two completely separate investments by two completely separate entities are there any issues with doing such a thing?
As long as it is a passive hands-off investment, and one part of your investment is not contingent on the other, I see no issues.
Clarification: Contingency that I refer to would be, for example, when you cannot meet the minimum investment requirement without combining your two sources of capital. Then there is potentially an argument about you drawing a personal benefit yada yada yada.
Understood, this wouldn't be a partnership in anyway so the two entities would meet the minimum on their own. I appreciate the reply!
As the title says, I'm considering investing in the same debt fund using both personal funds and SDIRA funds. Provided I ensure I'm keeping capital segregated, signing subscription docs/contracts separately for each entity, and otherwise treating it like two completely separate investments by two completely separate entities are there any issues with doing such a thing?