Eviction in a Self Directed IRA

[Gene Hacker]

I have a family friend that owns a rental home in a SD IRA. The tenant is behind a few months so they served a three day notice. After a couple weeks of unfulfilled promises they took the paperwork to the court house to start the eviction process. The court clerk told them that because its a trust they need to hire a lawyer and basically would not even look over the paperwork.

Is this common for a SDIRA? Is it possible to handle an eviction on your own without an attorney or it is a basic requirement when investing in a SDIRA?

I have advised them to settle with the tenant. I am not sure what they will do but either way I am curious if the court clerk is correct that a lawyer is required for evictions in a SD IRA.