Solo 401k - Self Dealing after 59 1/2 yrs
I am considering buying property using an LLC (which has my solo 401k as a 25% member) and keep it as a rental. I would keep the expenses split 75/25% subject to the rules of the solo 401k. However, when I reach 60, can I sell the property to another LLC that I own and live in the property?
I appreciate this would be a prohibitive transaction prior to 59 1/2 yrs, but wasn't sure of the rules afterwards?
Thanks Jackie