The alternative is to set up a self-directed IRA, or better, a truly self-directed Solo 401k plan, invest in alternative assets, and then do the conversion.

HI there Paola,I'd love to assist you on this.

Are you self-funding the transaction or will you be using a lender?

After a bit more research, I actually think renting a place will get me started faster and earn some experience doing Airbnb with a little less risk involved.Obviously I still need to be concerned about not violating a lease agreement by doing so and I would likely live on the property and lot or all the time.Ownership is still the ultimate goal, but this looks a faster party to self driven income.

What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?

So, we self-manage.

These are self managed through my small STR management company.

Happy to assist any way we can!

Over time you’ll see a lot of people say the same names and you end up with a self-confirming list of recommendations. 

We’re currently working on a complete renovation in Silver Spring, so feel free to reach out if you need any assistance or guidance—I’d be happy to help!