Now, we are in the process of doing this ourselves and from what I have been told by our administrator is that there are two ways to do this.

I have a masters in Healthcare administration, undergrad in international business; however I live in an absolute crap job market and I cannot get hired anywhere.Im currently living in Wilmington NC.

I am fifty-eight years of age, have a bachelors  ( 4- year ) degree in Business Administration ( General Management ) from Western Kentucky University ,  Bowling Green , Kentucky .

Since you're leveraging the 401k funds before retirement, I would think there are significant tax penalties.I'm curious to hear about how you repaid your 401k and how much you were taxed on the loan.Regards,Steve Essentially, you borrow the money through your company's plan's administrator from your 401(k).  

There might be some exceptions to this rule so the only way for you to know if you can rollover those funds out is to contact your current plan administrator and ask if they would allow "in-service distribution".Solo 401k plan is not for everyone.

Keep in mind the administrative expenses associated with working with a series LLC.  

My very first job was as an administrative assistant in a real estate office, so I have a little knowledge of the business.

And just for fyi, my LLC is a single member entity, no employees other than myself.SDIRA is not a Roth.I find my real estate investing is more efficient by focusing more on the projects and not so much the financial administration side of things.

@Marsha SegreeBelow are 3 things to consider when selecting a custodian/administrator for a self-directed IRA or Solo 401(k).1.

It's very well documented that the current administration and congress are focused on massive fiscal stimulus via aggressively lower corporate and personal taxes, infrastructure investment, and general deregulation, but bank deregulation in particular.