Can my Solo 401k sell a house to another LLC I own?
Hi Guys,
Would it be possible for me to purchase a home with my Solo 401k, fix it up, then flip it to an LLC I use for my buy and hold rentals? Basically I would use the funds in the 401k to purchase my deals, fix them up with funds in the 401k as well, then sell them for a profit to my LLC which would then rent them out long term. Not sure if this is legal but was something I was thinking about tonight, trying to figure out the best way to use those funds to advance my holdings. Thanks.
John