Hello,

Recently I invested in some mortgages on the secondary market in my profit-sharing plan (I am the sole participant). These were pre-foreclosure situations where I bought the loans at a discount and got paid off when the property sold. There were some legal fees associated with each transaction. Must these legal fees be paid from the plan, or is it okay to use my company's or my personal money to pay them? I prefer the latter because it leaves more money working in the plan. However if I do use company or personal money, can the plan reimburse me/my company later if I want?

Addendum: there were professional appraisal fees for one of the properties as well.

Thanks,

Tom