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Updated almost 5 years ago on . Most recent reply

User Stats

30
Posts
11
Votes
Erin M.
  • Rental Property Investor
  • Milwaukee, WI
11
Votes |
30
Posts

Rollover SD-IRA to Solo 401k??

Erin M.
  • Rental Property Investor
  • Milwaukee, WI
Posted

Hello BP'ers! A few questions for the tax experts. For reference, I work full time and have started buy and hold rentals for long term investments/wealth building. I currently have a Roth SD-IRA. I'm finding the unleveraged ROI on rentals to be subpar, though want to avoid UBIT from non-recourse loan income. From what I've read, I may be eligible to start a solo 401k if I report income from a business outside of rentals, ie- consulting or services offered.

1- Is there a minimum amount I'd need to earn/report to qualify for the solo 401k?

2- Is there a way to roll over the Roth SD-IRA to a solo 401k account?

Thanks in advance for any suggestions!!

Most Popular Reply

User Stats

570
Posts
553
Votes
Bernard Reisz
  • CPA delivering RE Tax Tools: 1031 Exchange, SDIRA, 401(k), Cost Seg
  • New York City, NY
553
Votes |
570
Posts
Bernard Reisz
  • CPA delivering RE Tax Tools: 1031 Exchange, SDIRA, 401(k), Cost Seg
  • New York City, NY
Replied

@Justin Windham @Brian Eastman @Todd Goedeke haven't nearly as present on BP as I'd like to be, recently. Poking around the forums the last few days, I'm amazed at how the misinformation that's so pervasive elsewhere on the internet has made inroads to BP, as well. Nevertheless - thanks to you - BP remains one of the few places where if someone presents misinformation on these topics (QRP, EQRP, UBIT, UDFI, etc.), they can get still get honest and fact-based responses. Kudos!  

  • Bernard Reisz
  • [email protected]
  • Loading replies...