Transfer owned property into IRA

[Ryan Goff]

I already own a rental house and I was wondering if there's a way to transfer it into my IRA by buying off the loan with money from my IRA? If this is not possible could I sell it to an intermediary and have them sell it back to me using the IRA funds for purchase?

[Brian Eastman]

@Ryan Goff

IRS rules prohibit any direct or indirect transactions between you and your IRA. You may not transfer, sell, or gift an asset you own personally to your IRA. Inserting an intermediary does not change the end result.