Roth IRAs cannot be transferred to Solo 401k plans.A few other Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.

If you're self-employed, the Solo 401k will provide many benefits over a self-directed IRA: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

I am a first time home buyer in a partnership where I am taking a conventional loan to purchase the property, and my partner is contributing half the value of the property in cash to pay the downpayment, closing costs, and rehab.

Looking to engage and contribute to the BiggerPockets forums.I looking to get a little guidance on determining the right real estate CPA in Texas.

@Migeul Obramowitz thanks for the... contribution??

I just wanted to thank everyone that has contributed to BP, I have learned so much and will continue to learn as much as I can. 

Do not use a quit claim did, instead use a warranty deed to keep your title insurance.As said before, if the beneficial owners of the LLC are the same, it is considered a contribution to the capital of your LLC and it is not taxable.

And I hope I can contribute back to the community in some way also...  

So we no longer contribute funds to Fidelity.

I would have to assume their liability is limited to the amount of their contribution.