Yes – it is possible. You need to find an IRA custodian that will handle the self-directed IRA. Custodians who handle nonliquid assets are often more expensive than those with brokerage houses and banks. You also have to ve very careful in dealing with the self directed IRA to avoid disqualification.

I’m assuming this is an entire parcel of real estate – if it’s an undivided interest you’ll need to confirm that the plan allows that type of in kind distribution.

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