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Tax, SDIRAs & Cost Segregation

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Alex Billips
  • Rental Property Investor
  • Charleston, SC
3
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14
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Questions about moving my current 401(k) to a solo 401(k)

Alex Billips
  • Rental Property Investor
  • Charleston, SC
Posted Nov 25 2019, 10:43

I have a 401k at my current job. I’m wondering if I can change it to a Solo 401k with checkbook control and then use the funds to invest in single or multi family rental properties that I am the sole owner of.

I also currently have been buying foreclosure properties and flipping them and rolling the capital.

I was also wondering if I can also use the Solo funds to buy foreclosure properties to hold for rentals long term.

Sorry if I’m asking to many questions just excited to keep moving forward. Looking to leave the 9-5 behind me ASAP.

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