Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 13 years ago, 12/08/2011
SDIRA - Buying a property I have worked on for another owner?
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