Checkbook Solo 401k: This Investor Purchased Three Properties with his Solo 401k

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Joe Homs, a successful real estate investors, shared how he purchased 3 properties with his Checkbook Solo 401k plan. In this video, Joe also discussed his criteria and strategies for house flipping. The checkbook control allows him to take charge and make all the decisions concerning his investments.
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[@garyroper3437]

Isn't this self dealing, by doing the work on the home.

[@DmitriyFomichenko]

+Gary Roper the property he was working on was not in his Solo 401k, that was his personal flip. He purchased 3 properties in his retirement plan besides this one. But you are correct, doing any work personally on the property own by your IRA or 401k would be considered a 'prohibited transaction'.