# Using a self directed ira to invest in a business (3 member LLC and Im the 1/3 partner)

**URL:** <https://discussion.mainstreetbusinesspodcast.com/t/using-a-self-directed-ira-to-invest-in-a-business-3-member-llc-and-im-the-1-3-partner/340>\
**Category:** General Q & A\
**Created:** [August 11, 2023, 4:29am UTC](https://discussion.mainstreetbusinesspodcast.com/t/using-a-self-directed-ira-to-invest-in-a-business-3-member-llc-and-im-the-1-3-partner/340 "2023-08-11T04:29:55Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![fasteddie1081](https://avatars.discourse-cdn.com/v4/letter/f/cab0a1/32.png) [@fasteddie1081](https://discussion.mainstreetbusinesspodcast.com/u/fasteddie1081)\
**Post date:** [August 11, 2023, 4:29am UTC](https://discussion.mainstreetbusinesspodcast.com/t/using-a-self-directed-ira-to-invest-in-a-business-3-member-llc-and-im-the-1-3-partner/340/1 "2023-08-11T04:29:55Z")

</div>

Im using my self directed ira to fund a home building business. The home building business is a LLC in Florida and Im in Illinois. This home building business is a 3 person LLC and Im 1/3 owner. From talking to attorneys, I’m told the funding of this business is fine.

As we build the homes and sell the homes, we each will take 1/3 of the of the profit of each home. I’m strictly funding the business with my directed ira and I’m not doing any work on these homes.

Will my 1//3 profit of each home sold be considered UBIT.