Posted by Bud Branstetter on February 23, 2001 at 11:09:07:
Yes, Trustee’s like Mid Ohio and Endtrust allow it. The profits are split in accordance with the percentage ownership. They even allow owner financing and hard money, non-recourse, loans. The problem on this is the unrelated business income that you personally are liable for on the percentage financed.
Partnering with your IRA - Posted by Irwin(CA)
Posted by Irwin(CA) on February 22, 2001 at 22:13:38:
Has anyone actually done this? I remember seeing some theoretical discussion about this a while back, but don’t recall any details.
It sounds like a really good plan and I was wondering if one of the IRA esperts could shed a little light on the specifics.
TIA
Irwin