Strategy

[Geoff G.]

Can someone create a re investment LLC and use a converted 401K to SDIRA to invest in a rental property deeded to the spouse?

[Dmitriy Fomichenko]

Some people who wish to have a checkbook control over their IRA use special purpose LLC, that is owned solely by the IRA and managed by them in order to bypass the custodian and then purchase and take the title to the property in the name of the LLC instead. Again, you can have your spouse as the beneficiary.

If you trying to use your IRA to buy property that your spouse holds the deed to - then the answer would be NO. Your spouse is a 'disqualified person' and your IRA is prohibited from conducting any business with disqualified person.