What Name To Put Utilities in for Self-Directed IRA Purchase
I am closing on a home through my Self-Directed IRA. I will need to transfer the utilities from the previous owner for about a month while I am having some rehab completed. What name do I put the utilities under, personal or IRA? I've been told that when using an SDIRA for a real estate investment all expenses must be paid out of the SDIRA account so I'm wondering if I need to place the utilities in my account name. If I placed them in my personal name, would this be a violation?