Do I report income and expenses from a self directed ira with a rental?

Forum|Forum|6 years ago
June 4, 2019
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MinhT1

You do not report the income and expenses from a rental property in your self-directed IRA on your personal tax return.

Reporting income and expenses in a self-directed IRA have to follow strict rules and any errors may lead to fines and tax consequences. Please ask your IRA trustee.

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gstoff

where do I report it if not on my personal tax

DianeC958

If you receive a letter from the IRS about the 1099 for the rental property that is part of a Self-Directed IRA the trustee for your IRA can help you resolve it with the IRS.

@Navtex

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