In short: yes, it's possible. Still, we seldom recommend going this route, and most of our clients ultimately decide to hold the title personally.

The biggest reason is that foreign entities receive no homestead-style exemption from capital gains. When the time comes to sell, your 401K or LLC gets hit with the maximum capital gains rate — up to 35% of the gain, or up to 25% of the entire transaction.

On top of that, the paperwork for an entity purchase is fairly burdensome: every document related to the 401K or LLC must be both notarized and apostilled.