investing in trust deeds solo 401k and regular account

[Alex S.]

Question.

To purchase notes or trust deeds. Can I combine funds from my solo 401k ( tax deferred funds) and regular account.

Example note purchase of 150k 

use 100k from solo 401k and 50k from regular account for total of 150k . So there are two partials and you own both in different accounts. The note is owned by two separate accounts.

Would this be considered something that would disqualify the transaction in the tax deferred account? Does the tax differed account have to own the entire note? 

Please advise.

Alex

[Bob Malecki]

I'm I'm currently operating multiple JVS with my solo 401k as the partner. I simply use a very detailed joint venture partnership agreement and we purchase the note in a personal property Trust. In the personal property Trust my solo 401k and my partner's entity are the co beneficiaries, and the joint venture agreement outlines the responsibilities of each partner as well as all buy out or liquidation parameters. 

Each Venture is executed in a separate Personal Property Trust with a separate bank account. The trust is assigned a federal tax ID number when created and my accountant prepares the tax reporting and issues a 1099 to each entity in the trust for our profit from interest income and any arrearage payments.