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Updated over 5 years ago,
IRA-Can you sell a rental house you own to your own IRA
If i had a rental house already rented and making money in my name or an LLC bla bla bla... Can i have my Self Dirrected IRA purchace that rental house from myself and avoid capitalgains and let the IRA have it till i retire? Yes i know you make nothing on rent while its in the IRA. But can i close on it and collect the sale price CG free yet still own it in the IRA?
Thank You in advance
Dave-