"S" corporation shareholders are wife. Husband and daughter. They opened a self directed 401k with profit sharing for the business. In lieu of making salary deferrals they want to contribute real property (land). This land will come from a partnership which is same husband, wife daughter ownership. How can this be done. Then they are wanting the "s" corporations match to be land that the "s" owns. How can they make contributions without a salary deferral? How are they going to put land into three different 401k accounts?
