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Updated about 13 years ago, 10/17/2011

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1,409
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Daniel Dietz
Pro Member
  • Rental Property Investor
  • Reedsburg, WI
856
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1,409
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Selling property OUT of a SDIRA to prohibited party?

Daniel Dietz
Pro Member
  • Rental Property Investor
  • Reedsburg, WI
Posted

Hello,
I have been doing a lot of reading here and otherwise of SDIRA's. I understand that a person cannot buy from, or sell to, a prohibited party, such as a parent or child.

My questions is this; if one party who owns a property in a SDIRA wants to sell it, and a prohibited party wants to buy it, either within a SDIRA or otherwise, are there certain rules that apply to the timeline of how long it would have to be owned by another outside party that is NOT a prohibited party - such as a 'fellow friendly investor'?

Thanks, Dan

  • Daniel Dietz
  • [email protected]
  • 608-524-4899
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