I am wondering if this is allowed in the self direct IRA, considering the following case:
If you have an investment property that is gaining value and you want to sell it but dont want to pay tax for the gain. So you sell it to your Self Direct IRA for the same price you purchased, and then your Self Direct IRA sell it for profit (without paying tax).
[quote=Kingside]True, but I would not say there is no benefit as you don’t pay any income taxes on your net rental income either, not even when you withdraw if it is a Roth IRA.[/quote]
