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Bill Schrimpf
  • Real Estate Agent
  • Reno, NV
189
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349
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Sell or transfer current rental to SDIRA

Bill Schrimpf
  • Real Estate Agent
  • Reno, NV
Posted

Hello - Is it possible/legal to sell or somehow transfer a rental I own to a SDIRA?  If yes, are there considerations such as

* can we sell off-market and for less than market value to SDIRA

* Can I self-manage in SDIRA?  Repairs have to be passive but what about placing a tenant every year or 2?

* If there is only 1 property and not much cash, is an LLC worth it? What about in 5 years when there is cash?

* recapture - We have been depreciating it for years

* Anything else?

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ERA Realty Central - Bill Schrimpf
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3,228
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Matt Devincenzo
  • Investor
  • Clairemont, CA
2,749
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Matt Devincenzo
  • Investor
  • Clairemont, CA
Replied

No, you can't so don't worry about the rest of it.

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