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I have customer that has purchased Real Estate through an IRA. We have not had contact in several years, she is over the age of 73. What/how would we go about escheating this account?
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answered on Sep 30, 2024
When dealing with an unclaimed IRA holding real estate, you'll first need to verify if the account holder is truly unreachable and has not been responsive. Check the last known contact details and send formal notices. If no response is received, you may need to follow the unclaimed property... View More 
Then I want him to sell me the house to me for $1. Problems
Is there a tax problem based on the real value of the property?
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