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Tax, SDIRAs & Cost Segregation

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Jon Klaus
  • Developer
  • Garland, TX
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SD-IRA invsting in partnership

Jon Klaus
  • Developer
  • Garland, TX
Posted Jul 16 2012, 14:46

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.

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