Transfer Investment Property to SDIRA
I own an investment property outright and I am curious if it is possible to transfer deed from my name to the SDIRA account I would set up? Would I be able to sell it to my SDIRA or would the deed just transfer with say a $1.00 transaction?
Thanks in advance!
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Jon Holdman
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
- Mercer Island, WA
Nope. You're a disqualified party and your SDIRA cannot engage in any transactions with a disqualified party.