Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 12 years ago on . Most recent reply presented by

User Stats

7
Posts
0
Votes
Brandon Powell
  • Rehabber
  • Harrisburg, NC
0
Votes |
7
Posts

Self Directed IRA working with a Owned Partnership

Brandon Powell
  • Rehabber
  • Harrisburg, NC
Posted
I am getting ready to roll over a sizable 401k into a self directed IRA to invest in real estate. Three questions: 1) What custodian company is the best if I want to do an IRA, LLC structure with checkbook control? Same question regarding a solo 401k for real estate. 2) Can I partner (as a lender) with my business LLC of which I am a 25% owner (the other three 25% owners are my wife brother and sister in law)? Also a factor to consider is we probably will be converting our company LLC to a S Corp by year end (and I will be a 50% owner along with my brother). 3) Can our company open a solo 401k for 2 of the 4 owners for our current LLC (or 2 of 2 owners post S Corp conversion)? My understanding is that a solo 401k is only for single member companies and not for partnership structures. Thanks!

Loading replies...