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Wholesale Property with Self-Directed IRA
Can you wholesale property that you don't own using your self-directed IRA? My IRA custodian doesn't allow that... I wonder if this is custodian specific or a general IRA rule.
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Dmitriy Fomichenko
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Dmitriy Fomichenko
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Probably will not be possible with most custodian, that is why you would have to use Checkbook IRA (aka IRA owned LLC). But like Brian said be sure of the exposure to UBIT. Retirement accounts are designed to be invested passively (i.e. rental property, trust deed, note fund, syndication, etc.)