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Updated almost 2 years ago,

User Stats

14
Posts
2
Votes
Willie Holdman
  • Investor
  • utah
2
Votes |
14
Posts

Purchasing property I own in an llc with solo 401k funds

Willie Holdman
  • Investor
  • utah
Posted

Hi all! I have property in an llc that I would like to put some short term rentals on. The llc owns 40 acres and I'd like to purchase 20 of that for some cabins I'd like to short term rent out. Looking for long term growth with tax advantages. Hence, the solo 401 roth angle. I know you cant purchase property from myself individually but this is in a llc with its own name and all. Is there a way to do this? If not how can I get this idea bringing cash into my solo 401k?

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