Investor · Corvallis, OR · Member since 2015 · 92 posts · 57 votes
Specific Question: Can I pay for half of a duplex using non-qualified dollars, have my solo-401k pay for half, and then live in one side and have my 401k collect rent on the the other half?
No, since you you are considered to be a "Disqualified Person" to your 401k you can't receive any personal benefits from this investment, this would be considered a prohibited transaction.
Ahhh ... but am I receiving personal benefits from the other half? If these were two separate homes I could buy one and have my solo-401k buy the other. These just happen to share a wall ... and a deed ... and a property tax statement. Thanks.