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Updated almost 8 years ago on . Most recent reply

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Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
1,451
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Tax, SDIRAs & Cost Segregation

Can SDIRA use funds to enter raffle?

Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Posted

Hi All, I have a Roth SDIRA with Sunwest Trust. I got a mailer for a legitimate Special Olympics raffle in WA state for a home give away and other prizes. I want to use my Roth funds to enter the drawing so when I win, the prize is awarded to my SDIRA and taxes are mitigated. Any thoughts on this? 

Bob

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