Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago,

User Stats

1,723
Posts
1,451
Votes
Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
1,451
Votes |
1,723
Posts

Can a spouse's SDIRA substitute into a IRA owned LLC?

Bob Malecki#5 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Posted

We have a checkbook controlled SDIRA LLC with membership as follows:

25% My Roth IRA

25% My wife's Roth IRA

50% My cousin's wife Marilyn's traditional IRA

In 2019 Marilyn has to start taking required minimum distributions from her IRA, and all of her IRA funds are invested in our LLC.

Both my and my wife's IRAs could take corresponding distributions from the LLC to keep the above ratios, but none of us want to reduce our capital or have to sell assets to fund Marilyn's RMD withdrawals.

Marilyn's husband, my cousin has a Roth and he's willing to essentially "swap out" her IRAs capital account in the LLC with his IRA.

Sooooo, does anyone like @Bryan Hancock or @Dmitriy Fomichenko have any thoughts as to weather this would be compliant with IRS regs, or any other creative ideas on how to have Marilyn get her capital for RMDs without my spouse and my IRAs having to withdraw? 

Thanks in advance

Loading replies...