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Updated about 7 years ago,
What happens to prohibited transactions after 59 1/2?
I understand that any distribution would still be taxed, but are prohibited transactions treated any differently after 59 1/2? Suppose I own a property in a SDIRA. After I turn 59 1/2, can I derive any benefit from that property without the IRS considering it a full distribution? For example, can I pay myself to property manage, can I do my own repairs, can I live or vacation in the property after 59 1/2?