Moving a land contract to a SDIRA

[Mark Yuschak]

I am the note holder on a contract with a buyer for a property I rehabbed and flipped on owner financing a few years ago. The buyer never pays late. He's asked me if I'd consider extending the contract...my initial thought was to not extend it since I could be more productive with the payoff in my pocket opposed to him paying me every month (it has a decent-sized balloon). However, I don't NEED the money. So, I was thinking about moving the contract into my SDIRA and renegotiating the terms with the buyer. The contract is currently held under my s-corp. I would negotiate with him that there would be no balloon and that we'd reamortize over 10 or 15 years at a slightly higher interest rate. I'm confident he'd go for it.

Can I do something like this without IRS implications?