The two tracks — full detail Every deal goes on one track. They never cross-transact. Track 1 — HoldCo personal You own · operate · guarantee · pledge Track 2 — Retirement accounts Passive · no role · no guarantee · tax-free exit Ownership Ownership Wyoming LLC (you own 100%) Manager-managed · charging order protection Add partners as members deal-by-deal Roth Solo 401(k) + Roth SDIRA 401k: checkbook LLC for direct control SDIRA: custodian directs on your instruction Who can co-invest Who can co-invest Anyone — including family Unrelated partners · family members Spouse · employees · other investors All sign guarantee if 20%+ per SBA rules Unrelated third parties only Outside investors with no family tie Other unrelated SDIRAs / 401(k)s Not you · not spouse · not children Debt and leverage Debt and leverage Full recourse — no restrictions SBA 7(a) · SBA 504 · conventional SBLOC · hard money · seller notes You personally guarantee Pledge HoldCo assets freely Non-recourse only — or no debt Plan cannot guarantee any debt Leveraged deals trigger UDFI tax C-Corp blocker eliminates UDFI Best deals: no leverage at plan level Your operational role Your operational role Any role you want CEO · board member · consultant Take salary · take distributions Salary = fuel for Roth contributions Zero role — strictly enforced No management · no consulting No board seat · no salary · no fees Violation = entire plan disqualified Best investment types Best investment types 1. SBA business acquisitions you operate 2. Fix-and-flip / real estate development 3. Hard money lending book 4. Financial services / insurance cos. 5. Franchises · owner-operated businesses 6. Owner-occupied commercial real estate 1. Startup / angel equity (10–100x tax-free) 2. Passive real estate syndication LP 3. Private lending (8–12% tax-free yield) 4. Passive PE / search fund LP interest 5. Direct rental property (no debt) 6. Tax liens · royalties · precious metals Tax on exit Tax on exit Capital gains — manageable Long-term cap gains rate on equity Installment sale · OZ reinvestment §1202 QSBS up to $10M excluded Charitable trust on large exits Zero tax — permanent Sale proceeds return to Roth tax-free No capital gains · no ordinary income Roth must be 5+ yrs old · you 59½+ Reinvest into next deal immediately HoldCo income Distributions → fund Roth 401(k) annually Roth compounds Tax-free forever · reinvest each exit MyCPAPro, P.C. — planning reference only, not legal advice