Self directed IRA + personal investment for same property

[Charanjit Singh]

If I have money sitting at self directed IRA + checking account, can I invest in same property (commercial multi family) using both accounts?

How will it work from an llc perspective. If I keep property under an llc, will these be treated as separate shareholders? 

[Dmitriy Fomichenko]

Charanjit,

it is possible in some circumstances to co-invest personally with your IRA but since you are considered "disqualified person" to your IRA such transaction might be prohibited. Be sure to speak with experienced professional who can give you guidance. Remember, advice you get on the internet will not count if IRS determines that you commuted prohibited transaction, but attorney's advice you can rely on.