I'm starting at a PE fund that allows me to co-invest in the fund, and I was planning on investing through my IRA. PE investing through an IRA can be done as long as it's done through a self directed IRA. HOWEVER, according to the IRS, you can't invest a self directed IRA in something that "accepts unreasonable compensation for managing property or assets held by the IRA".
If I am an employee of a fund, which pays my salary, would I also be able to be invested in the fund through a self directed IRA? Given this IRS rule, I believe not, unless there is a distinction between the the GP and the LP. I could invest in a different PE fund with my IRA, but not the fund I work for.
Has anyone run into this issue / seen an answer?
no? no one?
Est reiciendis dolores possimus doloremque perferendis architecto. Rerum libero aut consequuntur eius. Aut sequi corrupti id suscipit sunt minima. Velit officia aut laborum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Alias sunt a aperiam. Non accusantium ipsam non. Est ipsum perferendis aut qui perferendis.