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Updated about 13 years ago, 12/08/2011

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1,409
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856
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Daniel Dietz
Pro Member
  • Rental Property Investor
  • Reedsburg, WI
856
Votes |
1,409
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SDIRA - Buying a property I have worked on for another owner?

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

I have not seen this addressed anywhere before, and just want to cover my bases ahead of time.

There is a property that a 'non disqualified' relative (uncle) is thinking of buying in his SDIRA. I would likely do work on the house for him through my 'day job' as a contractor.

There is a good chance I will be interested in buying this property from him in the not to distant future, likely within my SDIRA, but possibly not within my SDIRA.

Would there be any issue with me buying this from another person's SDIRA that I 'profited from'? It does not SEEM like this should be an issue, but just want to make sure.

Thanks, Dan

  • Daniel Dietz
  • [email protected]
  • 608-524-4899
  • Loading replies...