Updated almost 5 years ago on .
Most recent reply
presented by
Wholesale/flipping in LLC, have Solo 401k buying rentals
If I have a LLC I'm using for flips & wholesaling, I need to advertise to find my deals. The business has sponsored my Solo 401k.
I want to buy rentals in the Solo 401k but I'm concerned that the IRS might see the leads generated by my ads as assets. Is buying a property in the 401k an issue knowing that the lead came from an ad?
What can be done to avoid any such issues?