SDIRA Expert Question

[Casey Mericle]

BPers,

Let's say two SDIRAs invest in a trust.  SDIRA #1 investing $80,000 and SDIRA #2 investing $20,000.  Is there a way to split profits in any other way than the percentage that goes in (80/20) in this case?  

Could SDIRA #1 buy only say 50% of the trust shares with their $80,000, while SDIRA #2 buys the other 50% of the trust shares with their 20%?  

I'm looking for expert answers on this topic from those with a in-depth knowledge of the topic.

[David Dachtera]

Originally posted by @Edmund Ricker:

@Casey Mericle

Generally when SDIRAs invest their respective ownership %'s must match the % of their initial investment.  There may be exceptions to this....I AM NOT an attorney and you should consult one to make sure you do not engage in prohibited transactions.

@Mat Sorensen wrote a terrific book called The Self Directed IRA Handbook. He is an attorney and a nationally recognized expert on these complex vehicles.

Good luck on your journey and I hope this helps.

Ed

Mat Sorensen is a partner in the same law firm as Mark Kohler. The "S" in KKOS Lawyers is Mat Sorensen. They have a lot of good info here and on YouTube.