Can I buy land with my SDIRA hold it and then sell it to a company I own?

[Jason Pender]

Can I buy land with an SDIRA, hold it for a period (2yrs for example) and then sell it to a company that I own? I ask because there is some land I'd like to buy and build on but I do not have enough $ in the SDIRA to buy th eland and build the house.

[Matt Devincenzo]

@Account Closed could you clarify why you say he could sell to his own company in a few years? This would be a non arms length prohibited transaction and would potentially result in the entire IRA being distributed is my understanding...the only way this could be possible is if the OP is or becomes retirement age in the next two years. Then he could take the asset as a distribution without penalty and build on it.