Solo 401k vs. SDIRA for Syndication Investing

[Katie Rohrer]

I am looking to invest in a syndication using my retirement accounts. I had intended to open an SDIRA to do this, but the operator of the syndication suggested an eQRP (fancy word for Solo 401k) to avoid UBIT tax. Based on everything that I've found it looks like an eQRP is only available to self employed persons, not people that hold a W2 job, which is where I fall. Is anyone able to clarify this for me? Am I eligible for a Solo 401k, or is an SDIRA my only option? Also, can you private lend out of an eQRP the way you can out of an SDIRA?

[Brian Eastman]

@Brian J Haney

Actually, that is not correct.  

You can be employed and participating in an employer sponsored 401(k) or similar plan and separately have your own business that sponsors a Solo 401(k).

There are contribution thresholds you cannot exceed personally, though you can spread that across all plans you participate in contingent on having qualified income.  Each business is independent and employer profit sharing in a Solo 401(k) is not impacted by your participation in a separate plan.