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Updated 8 months ago, 04/18/2024
Selling a property owned by the SDIRA
I am selling a property owned by the SDIRA. What are the Do’s and Don’ts?
So far I understood these rules-
1. Make sure Seller on the purchase agreement is IRA.
2. IRA custodian signs all documents (purchase contract, warranty deed etc)
3. Proceeds should be deposited directly to IRA
4. Can not sell to prohibited party
What else?