Just tonight a friend told me that he was starting a small business. I encouraged him to look into financing some of his business by selling equity to his own R

Just tonight a friend told me that he was starting a small business. I encouraged him to look into financing some of his business by selling equity to his own Roth IRA. I have no idea if that's possible but he'd be nuts not to do it if it adheres to the law. The friend's name is not Peter Thiel.