As long as you do not have any full time W2 employees, you are eligible for the plan.Compared to an IRA, Solo 401k contributions limits are roughly ten times higher and unlike the IRA, there is no custodial requirement for the 401k.

Its complicated, but it has everything to do with custody of my child and keeping her in the same school.

Ouch.How to avoid this- have your attorney involved in your due diligence process and know your seller and chain of custody.

NuWireInvestor.com has a list of custodians by assets under custody and TPAs noted as such. http://selfdirectedira.nuwireinvestor.com/list-of-...You can call pretty much anyone on that list and they can give you a step by step as to how the process of making an offer and signing paperwork works.If you are looking at using retirement funds to invest in RE, but you are not 100% comfortable with the process (after speaking to a custodian), I would suggest taking a loan from your current 401k to use for RE investing.

how to contact tenant in custody?

If you wish to put additional funds into your IRA owned LLC it has to be done in two steps:1) Make contribution or transfer funds into your IRA custodial account2) IRA will buy additional shares of the LLC.Note, you can not contribute or rollover funds directly into the LLC.

In other words, you have checkbook privileges without junk fees, delays, custodial expenses and other hassles with a third party intermediary.It also has another unusual feature.. you can put up to 54k a year (maybe more by now) vs. standard 401k limit of 18k or so.You can invest in almost anything .. the only restriction is a self-dealing.

You avoid ongoing custodial fees (and LLC fees if you want checkbook control, and believe me, YOU DO) with the SD401K, just run everything through an account at your local bank.

CustodiansList of Large Self Directed IRA Custodians (Over $2 Billion under custody):Equity Trust Company (acquired Sterling Trust Company)First Trust Company of OnagaIRA Services Trust CompanyKingdom Trust CompanyMillennium Trust CompanyPensco Trust Company (acquired Lincoln Trust Company)Provident Trust GroupTrust Company of AmericaList of Mid-sized Self Directed IRA Custodians ($500 Million – $2 Billion)Advanta IRA (TPA)GoldStar Trust CompanyMidland IRA (TPA)New Direction IRA (TPA)Next Generation Trust Services (TPA)NuView IRA (TPA)Self Directed IRA Services, Inc.

Her and her grandson who she had legal custody of moved in.