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SDIRA and selling property
Was reading a blog post that indicated that if you own a property in an SDIRA, you cannot sell the property until you are 59 1/2. Is that wrong/misleading? I would think you could sell the property as long as all of the proceeds go back into the SDIRA. Then you could buy another.
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@Account Closed
What you read is either incorrect or you are mis-interpreting.
When investing in property with an IRA, the IRA owns the property, not you. Just like an IRA can sell a stock or fund at any time, likewise with property. The proceeds are returned to the IRA and are tax-sheltered.
59 1/2 is the age at which you can start taking distributions to yourself from an IRA without a penalty for early distribution.