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Updated almost 12 years ago,
Multi account insurance discount for SDIRA
I'm getting ready to close on my first investment house purchased by my SD IRA. My personal insurance agency gives a discount of 10-15% on my insurance policy because I have multiple, personal (homeowners/auto/umbrella) policies at the same agency.
If I insure this rental with my current agent, I'll get this discount on the policy, even though the policy is held by my LLC. Will this discount be regarded as a no-no by the IRS?