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Will FraserPoster
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Owner Finance = Debt in SD IRA?
I understand the general concept of UDFI in a SD IRA and I've searched some boards to see if this has been discussed, but alas here we are.
If Mr. X approached seller Y about Property and seller Y said "I'll sell you this and finance it. You bring $10k and I'll owner finance the rest." Seller Y is very flexible in structuring and trusts Mr. X.
Is this a situation that could lead to Mr. X's Self Directed IRA account owning the property and NOT owing UDFI?