Co-Investing Through Self-Directed IRA

Has anyone ever co-invested using a self-directed IRA? Also, do the credit line programs administered by FRC and others allow levered co-invest with the equity contribution being funded by a self-directed IRA if the line is recourse only to the equity contribution? I appreciate any insights here.

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I have done this. I use Equity Trust Company. Have a self directed Roth and self directed IRA through them. I have invested in 1) special purpose vehicles managed by my firm, 2) flagship funds at my firm, and 3) external opportunities outside my firm’s purview.

Not the most streamlined onboarding process and it can be a bit cumbersome to get things set up for a new fund or entity you’re investing in, but once it’s set up, subsequent capital calls are pretty streamlined.

 

Mason's Numbers, did you end up investing in your firm's levered coinvest fund through a self-directed Roth IRA? I'm considering this, but it seems like the leverage might have adverse tax implications (UBIT / UDFI).

 

I did not; are you getting leverage in your SD Roth IRA? It seemed like it wasn't when I was initially considering it, but maybe it's feasible if it's non-recourse.

 

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