Best way to set up duplex in SDIRA?

[Matt B.]

I have my SDIRA set up and funded Now i m looking for any & all advice about the buying process / liability issues / etc I have found a good deal on a duplex & i have enough funds in the account to buy it outright however ideally i would like to not be “cash poor” for lack of better word within this account. ( Ex: If i find a 200k property for 100k and it cash flows, and i have 100k in the IRA, i would like to cash flow it and sit on it for long term gains ) - is financing within an IRA allowable? - if you buy a property undervalue within the account can you leverage that property against future deals that i will find ? - if buying a duplex or multi family how do you protect your nest egg ? (Example - tenant A falls and sues & tries to take IRA holdings, unit B, etc ...) - if i buy a rental and following the rules of “arms length” ... how exactly do the tenants pay rent? Do they mail the funds directly to manager of Ira ? Can i collect rents under current IRS restrictions? Thanks for any & all info

[Dmitriy Fomichenko]

@Matt B.

You can finance property in an IRA, but you must use non-recourse loan for this. Conventional financing is now allowed because it would require personal guarantee. Here is a list of lenders specializing in this type of financing:

https://www.biggerpockets.com/blogs/2810/50272-lis...

To protect yourself you must have adequate amount of liability coverage under your landlord insurance policy. On top of that you can purchase umbrella policy. You can also utilize IRA LLC, which will give you checkbook control over your IRA in addition to providing liability protection.