Participating in prohibited transactions or with disqualified folks, such as transferring Individually owned real estate to some Self-Directed IRA, can cause significant penalties. This could include the disqualification from the IRA, causing immediate taxation and potential extra penalties.
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Engaging in prohibited transactions or with disqualified people, for example transferring Individually owned real estate to your Self-Directed IRA, can result in severe penalties. This will likely incorporate the disqualification of the IRA, leading to fast taxation and prospective supplemental penalties.
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