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Updated about 7 years ago,

User Stats

138
Posts
71
Votes
Pearce G.
  • Investor
  • Hendersonville, NC
71
Votes |
138
Posts

How much to set aside for capex in a SDIRA

Pearce G.
  • Investor
  • Hendersonville, NC
Posted

If I own rental property in a SDIRA, and I have a major expense that exceeds the available cash and also exceeds the annual contribution limit, how do I pay for it?  Wouldn't it be a prohibited transaction and/or an unqualified contribution to pay for it personally?  Do I need to keep 15%-20% cash in the SDIRA to make sure I can cover a major repair?

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