What happens to prohibited transactions after 59 1/2?

[Pearce G.]

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?

[Carl Fischer]

@Pearce G.

A prohibited transaction is still prohibited after the age of 59 1/2. If the IRS catches you in a prohibited transaction after age 59 1/2 instead of applying a 10% penalty, they would have the asset distributed from your account at its current account.