The Biden Administration has proposed limiting Section 1031 exchange deferral to a maximum of $500,000 (single taxpayer) / $1 million (married taxpayers)

That would be double dipping.I think the bigger concern would be the management company's lack of transparency in breaking down the revenue/expenses, and whether that means they are possibly rent shifting (offering lower nightly rates that they rev split with you and shifting the cost into various administrative fees that they keep 100% of).IE instead of$500nt x 4 nights = $2000, they take 16% of $2000 so you get $1680They might be doing something like (and this is typical of PM companies trying to squeeze out an extra buck)...$400nt x 4 nights = $1600+$400 in "administrative fees" = $2000.You get 84% of $1600 = $1344Same rent cost for the customer but now they are only paying you 84% on $1600 instead of $2000, and then pocketing the entire $400 "administrative fee".

And here comes the new Administration cutting off Oil Pipelines and causing the price of Energy to Double, running up the Prices of everything in the US, just after a Pandemic.

In case you are eligible for the Solo 401k, here are some of the benefits it would offer compared to a self-directed IRA:Solo 401k contributions limits are roughly ten times higher than IRA limitsThere is no custodial requirement for the 401kYou don't need the additional expense and administration of an LLC to have checkbook controlThere is a built in-Roth component whereas IRAs are either traditional or Roth, not bothA spouse can also participate in the same Solo 401k planThe Solo 401k has additional tax benefits over an IRA when investing into real estate using leverageThe penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

I am currently a student majoring in business administration with an emphasis in finance and a concentration in the real estate field.

(HUD Administrative Law Judges presides with HUD's Office of General Counsel, and cases in the federal courts are handled by the U.S.

It will be an administrative nightmare.You may want to have a conversation with an attorney on how many properties each LLC should hold.For example, you may want to say, I can have 5 properties per LLC or 1 million dollars of net worth in each LLC.Best of luck - Regarding a CPA, you are lucky enough to live in a state without a state income tax which opens you up to CPA's around the country.Best of luck!

I have completed all of my pre requisites for general business administration and am now looking deeper into a degree that might help with real estate investing. 

This years massive increase in valuation opened their eyes and the administration is studying how to control and tax it.As others said, you can borrow against the crypto, but you are going to pay a higher rate and watch for clauses that allow them to call the loan.From the banks perspective, if you are not selling Bitcoin and you have low income, how will you repay the loan?

I'm administrator to an estate that has debt and we need to sell these mineral rights.