All Forum Posts by: Gautam Venkatesan

Try contacting @John Jackson

I could not find any investment properties for sale on their website so unless you can provide some general details on price and location it would be hard to comment on their offering.

Depends - can you earn more on your money outside the 401K then don't contribute.

Interesting article on Yahoo Finance:

http://finance.yahoo.com/news/turnkey-properties-millennial-investment-131500792.html 

You'll get better feedback if you post the address or general location.

I believe you are correct in that it has to be your primary profession but with a minimum 750 hours in that activity. Hopefully a CPA can confirm as I am not an expert in interpreting IRS rules.

@Christian U. yes he meant to say real estate professional. To qualify you will need to show 750 hours of real estate related activities per year so it would be hard to do so with a full-time W2 "job" hence the partner suggestion.

@George P. congrats! Can you share how you are financing your properties - all cash, portfolio loan, OPM ??

Got it thanks!

@Susan Maneck how can you live in a house that was purchased with your Solo 401K funds? Isn't that considered self dealing??