Tuesday, April 21, 2020

Trust Distributions posting quickly for IRA’s

I’ll chalk it up to a slow business volume for the folks working in the self directed IRA custodian shops …. but in the past when the bankruptcy trust made a distribution, the time lag for folks to get their money posted into their account could take 2 weeks or more.

This last distribution seems to be posting quickly to folk’s IRA account’s.  Nice to have this phase work efficiently for once!

Second, on the bankruptcy website it appears the LA property known as Stradella is under contract for several million.   It would be nice to think these low interest rates could stimulate sales of some of the larger properties still left to move.

 



source https://gregandersonlessonslearned.me/2020/04/21/trust-distributions-posting-quickly-for-iras/

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