SD-IRA invsting in partnership
Scenario: My SD-!RA plans to invest in a partnership as a limited partner. There are other general partners (not IRA's). There will be a JV agreement to invest in the purchase, development, and sale of real property. The partnership will file a 1065 with the IRS.
What will I need to be fully legitimate? What will my trustee need? (Equity Trust) Ask them, you say? Of course, but they say someone will call me back in 24-48 hours and time is of the essence.