Updated about 12 years ago on .
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Prohibited Transactions and SD 401k
I have a question relating to rehabbing properties purchased with an SD 401k vehicle. My father in law is a GC and has a license. Could the SD 401k hire him to do work on a property owned by the SD 401k with being considered prohibited?
Second question is can you do minor work on a property held by your SD401k? I realize that all items for the rehab work clearly need to come from the SD401k and that I would not be paid for any time and expenses for such an endeavor.