It is unclear to me from his statement if he is taking a distribution or simply selling it and leaving the proceeds inside the IRA. Obviously there is NO tax due if it stays inside the IRA.
> It is unclear to me from his statement if he is taking a distribution or simply selling it and leaving the proceeds inside the IRA. Obviously there is NO tax due if it stays inside the IRA.
the original plan is (was?) to sell the spy and then withdraw the proceeds in cash.