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Updated over 6 years ago,

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1,639
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955
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Chris T.
  • Investor
  • Downers Grove, IL
955
Votes |
1,639
Posts

SDIRA question - leave it in escrow? or transfer back?

Chris T.
  • Investor
  • Downers Grove, IL
Posted

I recently invested some $ from my roth SDIRA into a LLC, for a multi family, but the contract fell through.

Can I leave the money in the escrow account until the investor finds another deal? Or do I need to transfer the money back to the IRA. And have the IRA company evaluate the new investment opportunity when it comes up?

Yes, I will ask my IRA company these questions to make sure I am in compliance. Just needed some feedback.

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