SDIRA - yes or no? Experience welcomed

[Haider Abdullah]

My wife has a SDIRA. From what I u see stand, because I’m not connected to her linearly, I should be “qualified” in terms of being able to take profits on deals.

Scenario:

Wife and I structure $100k deal flip through her SDIRA.

Let’s say we make $20k net at the end.

Let’s say we agree to 50/50 on profit.

So, at the end of the deal, is it as simple as putting $110k into her SDIRA, tax free, and me (spouse/deal provider) taking my $10k cut on the deal (taxable to me)? And then we continue to do this and grow her SDIRA tax-free while allowing me to take profits because I’m not “disqualified”?

Any guidance would be greatly appreciated. Especially if you can help us understand on how to structure so this I can do the above. Ultimately, we want to unlock the potential of her (SD)IRA while allowing me/household to generate income and grow her pot tax-free.

Thank you!