Converting a SDIRA rental deed into my name at retirement.

[Robin C.]

I'm getting ready to retire in Jan 2022. I have a rental home that is in my SDIRA LLC. I want to transfer the deed into my name at retirement. What kind of taxes would i be responsible for if I am unemployed??

[Glenna Wood]

If you don't plan to live in it, it may be best to leave it in the SDIRA. I have been mulling over a similar situation but have a few years until RMDs start. If you keep the investment in your SDIRA, any impact to your heirs? I haven't seen anything about inheriting a checkbook LLC. And who knows we might all be undoing them in a few years if the laws change. Ugh.