Solo 401k and Short Term Rentals

[Todd Goedeke]

How can I use Solo 401k money to fund this investment? I lease a property which I have turned into a short term rental. I am the property manager taking care of marketing and day to day operations. Can I use funds from my Solo 401k to furnish the leased/ rented property? Or if that is in effect disqualified because I 'm loaning money to my own business? Can another non- qualified person use their IRA or Solo 401k to make a loan to me to purchase furnishings for property?

Is it correct to state that a Solo 401k can't own a business( property management for example) but can be set up to receive retirement contributions from that property management business?

[Carl Fischer]

@Todd Goedeke

Another non disqualified person could lend you Ira or 401k money to furnish your rental. 

Your property management company can certainly pay you and you in turn make salary deferrals to your company 401k as well as company contributions to your 401k. 

Your 401k could actually invest in a company and own part of the company and receive dividends. You may have to pay UBIT dependent on business and structure. Look up Rollover Business startup(ROBS)