Tag Archives: solo 401k promissory Note

Solo 401k Promissory Note Reconveyance / Foreclosed Note

BACKGROUND & QUESTION: Our solo 401K just foreclosed on a note and today got back the (fixer upper) property at the Trustee’s Sale, as no 3rd party bidders made a bid at today’s auction. Can we legally sell this new REO property (owned by the solo 401k) to ourselves for a penny over the minimum […]

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