Insurance on property owned by Solo 401k

I'm in escrow to buy rental property with my Solo 401k trust. How should I take the insurance?

Answer:

The property insurance should be obtained in the name of the Solo 401k trust (the owner of the property).

Sometimes an insurance company may insist that the insurance be in your name as an individual. As trustee of the plan, you can obtain insurance in your name.  However, be sure to ask the insurance company to add the trust as other interest.