Leveraging free & clear property held in a solo 401-k

Leveraging free & clear property held in a solo 401-k

Investor · Lodi, CA · Member since 2017 · 1 post · 0 votes

I am in a pinch for some cash.  I own a rental property free and clear and would like to take a loan against it.  What are some options and what, if any, are the tax repercussions?

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  • Justin WindhamPro Member
    Banker · Nationwide · Member since 2015 · 4k+ posts · 1k+ votes
    9y

    @Lisa Wagner

    Do you own the property as indicated in your post, or does your Solo 401k own it as you mentioned in the post title? This makes all the difference in the world.

  • Justin WindhamPro Member
    Banker · Nationwide · Member since 2015 · 4k+ posts · 1k+ votes
    9y

    @Lisa Wagner

    Did you get this figured out yet?

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