Reinvesting LLC profits into RE

[Wilson Lin]

I currently have an LLC with another partner. We generate income through web and mobile consulting services. Is there anyway to reinvest that income into real estate as that LLC? What I'd like to accomplish is to be able to be negative or at least $0 income on paper on the buy and hold investments to help reduce the income (and taxes of course) of the LLC.

Would this be possible? How can I go about doing this?

Are there better options to save on taxes? I've been looking into solo 401k, but am still not 100% clear on that. Maybe that would be an option?