ARF- Purchasing property

Qurious BF

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I have and ARF that I would like to use to buy a property. Can I purchase a property from the estate of my late uncle. I'm one of nine beneficiaries.
 
I have and ARF that I would like to use to buy a property. Can I purchase a property from the estate of my late uncle. I'm one of nine beneficiaries.
No. All transactions must be on an arms length basis. This transaction would be considered a taxable distribution.
 
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