IRA Land Assignment
I’m having my IRA buy an assignment on a purchase contract for land. It closes in 5 weeks so I’m not pressed for time. It seems pretty cut and dry; I’m paying closing costs and taxes for one year prior. I’ve done them previously in my own name, but sometimes the IRA custodians can be anal. I’m having my attorney scrutinize it; my only concern is the IRA custodian objecting. Has anyone else done this with their IRA?
Thank you