Rochester, NY · Member since 2017 · 46 posts · 8 votes
Me and my wife have a dual income, we are in our mid 40s, and have been maxing out our 401k contributions primarily to reduce our taxable income. Is it possible to roll over pretax income into real estate properties to reduce our pretax income?
Retirement Accounts Attorney · Southfield, MI · Member since 2017 · 3k+ posts · 1k+ votes
9y
@Kevin Scott
No as the 401k rules do not allow for it. However, if you are over age 59 /12 or no longer work for the employer that offers the 401k plan, you can transfer the 401k to a Traditional IRA and then invest the IRA in real estate.