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Updated over 3 years ago,
SDIRA for primary residence
Hello,
I do understand that funds in SDIRA could be used to buy investment property. The process as I understand is we create a trust account and the SDIRA would be owned by trust and managed by IRS approved administrator. Then the properties purchased is titled under trust and all rents go into trust and expenses come out trust.
I was wondering if it is possible to rent out properties acquired through trust to self? Essentially I will be staying in the house and paying rent to the trust account holding my property.
-Arun