I own an alternative asset in another custodian in a Self-Directed IRA. Can I transfer this to my checkbook IRA account within my Rocket Dollar Self-Directed IRA?

Rocket Dollar is offering in-kind transfers for selective individuals.

To learn more about in-kind transfers, please review our detailed knowledge base article here.

Is there any way to avoid doing an in-kind transfer?

You can sell your asset inside your current retirement account, roll over cash at no extra charge, and then buy a similar asset. Be sure not to commit a prohibited transaction between your personal assets and your retirement account. 

See our IRA account