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Updated about 9 years ago on . Most recent reply presented by

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Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
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Brother in law as disqualified party?

Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Posted

My brother in law wants to use is self directed IRA to invest in our 506(b) private equity fund. His custodian, Equity Trust says that because I'm a 33% managing member of the fund, that I am a disqualified party. This seems to be hogwash. Any thoughts?

Bob

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