Real Estate in a Solo 401k
It is estimated that less than 3% of total IRA and Solo 401k asset values in the U.S. are invested in real estate.
Important Rules when Purchasing Real Estate in a Solo 401k
Solo 401k owner(s)--commonly referred to as Trustees--can't live in the property or rent it out to certain family members, such as son, daughter, spouse, parents, grandparents, to name a few. For a full list of Solo 401k disqualified parties visit Solo 401k investments.
All investment expenses associated with an asset of the Solo 401k must be paid by the Solo 401k. Visit paying Solo 401k plan expenses to learn about Solo 401k expenses that can be paid with personal or Solo 401k funds.
Required to use Solo 401k provider whose Solo 401k plan document allow for real estate investments
Trustee of Solo 401k generally safe keeps the books and records associated with real estate Solo 401k purchases.
Additional Information
Solo 401k Real Estate
Ways to purchase Real Estate in a Solo 401k
Important Rules when Purchasing Real Estate in a Solo 401k
Solo 401k owner(s)--commonly referred to as Trustees--can't live in the property or rent it out to certain family members, such as son, daughter, spouse, parents, grandparents, to name a few. For a full list of Solo 401k disqualified parties visit Solo 401k investments.
All investment expenses associated with an asset of the Solo 401k must be paid by the Solo 401k. Visit paying Solo 401k plan expenses to learn about Solo 401k expenses that can be paid with personal or Solo 401k funds.
Required to use Solo 401k provider whose Solo 401k plan document allow for real estate investments
Trustee of Solo 401k generally safe keeps the books and records associated with real estate Solo 401k purchases.
Additional Information
Solo 401k Real Estate
Ways to purchase Real Estate in a Solo 401k