I am a beginner exploring potential funding strategies. I have started researching self directed 401Ks and was curious if house hacking a property that was purchased by one is possible? And if possible, is it a smart option? Any help would be greatly appreciated!
With a self-directed IRA or Solo 401(k), there can be no direct or indirect transactions or benefit between the plan and you or other family members viewed as disqualified to the IRA. So no, a live-in-flip or other "hack" strategy is not possible with retirement funds.
@Brian Eastman thanks for the reply. Makes sense.
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