Using SDIRA towards turned investment property
Hey everyone,
I bought a property in my name a little over a year ago. I recently moved out of the property this past month and would like to turn it into a vacation rental property. I would like to do some minor improvements (inside cosmetic and furnishings) to have it ready to go for a vacation rental. I would like to use my Self Directed IRA for these expenses and keep this property and and profits or cash flow in my SDIRA. In order to do this, do I have to change the property owner from my name to my SDIRA entity as the owner?