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Updated over 9 years ago on . Most recent reply
Solo 401k contribution
I am new to Bigger Pockets I have opened a Solo 401k. May I pay myself a salary from the cash flow of my SFHs as an active real estate investor and then contribute that money to the Solo 401k up to the maximum allowed? I would then use the funds to invest in notes.
Most Popular Reply
![Brian Eastman's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/215702/1688431838-avatar-safeguardira.jpg?twic=v1/output=image/crop=403x403@48x48/cover=128x128&v=2)
Please consult with your licensed tax advisor on this matter. The answer includes several layers, including "could" (likely yes), "should" (probably not) and 'how"(very specific to your situation). The correct answers will hinge on specific aspects of your situation and details well beyond what you have provided in your question.
The answers you will get on a real estate forum from folks who are not licensed will not serve you will on this one, other perhaps that to help you come up with a list of topics to be sure to cover with your tax professional.