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Updated over 6 years ago,
Looking for advice on Self directed IRAs to purchase property.
I'm over 59 1/2, I want to buy a home with Traditional IRA funds since I'm elibible not to take the 10% penalty but would take such a tax hit now since I'm still working. I know I can't live in this house if I do self-directed Ira but someday I would like to live there. Can I someday have the LLC sell the property to me? Basically my question is if I buy using self directed Ira can I ever since there?