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Updated over 9 years ago, 04/28/2015

User Stats

59
Posts
20
Votes
David Frol
  • Real Estate Investor
  • Irvine, CA
20
Votes |
59
Posts

Prohibited Transaction?

David Frol
  • Real Estate Investor
  • Irvine, CA
Posted

My Roth IRA owns less than 10% interest in an LLC that invests in commercial real estate. One of the projects of the LLC is now completed and we are ready to list it.

Can I be the listing agent for this transaction since I own less then 49% interest in the LLC or would this still be a prohibited transaction?

Thank you in advance for your feedback!

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