Real estate in 2 plans

[ombskid]

Trustees of 2 separate plans, each of which the trustee is also the only participant.

They want to buy real estate and flip it. They want to do these as a joint venture of the 2 plans.

Can they set up an entity where each plan owns 50% of the entity and each plan invests in that entity and shares the profits? None of the purchases would be debt financed

[Guest Rajeev]

While there are more questions, such as are the two participants/trustees deemed disqualified parties? Would the transaction itself be a disqualified party transaction? etc.

In general once you have the questions answered about the disqualified parties, this can be done in the way it is being proposed.... with the appropriate language, etc.