Solo 401K and Real Estate
I have funds sitting in my company sponsored 401K plan; however, I would like to transfer the funds over to a Solo 401K to invest in RE. From watching Youtube, one of the requirements of opening a Solo 401K is that you must be self-employed or have a company. If I have properties, but they are not in an LLC, does that still qualify as a company or self-employment? Sorry, if this does not make any sense. I'm just trying to find a better way to utilize the money that I have sitting in my 401K while still maintaining a tax shelter.
Thank You.
David