While a deposit is almost always preferable, you should make a common sense business decision based on the circumstances and condition of the property, in my opinion.

Thank you, unfortunately this all came to light yesterday and she is supposed to move in tomorrow… anyone on here have an addendum like this handy?

Allen, unfortunately most banks are not familiar with Solo 401k, and many bankers are not willing to learn.

With a full-time job, it might be hard to meet those requirements, so your real estate losses could be considered passive.Now, on the AGI front—if you and your husband’s combined AGI is over $150k, unfortunately, you won’t qualify for the $25,000 special allowance that lets you offset passive losses against your other income (like your W-2 income).

Unfortunately, the overpriced real estate market doesn't give you much options for good cash flow.

Looks like more complicated circumstance than I expected.

Unfortunately a lot of the decisions that are being made by PM are just not the right ones (costs of repairs, what to repair vs replace etc) so it ends up being me jumping in to manage them.

Given our circumstances, would you recommend investing in another single home or a multi-unit (like a triplex or fourplex)?

Unfortunately people do not run on facts/data but emotions.

Unfortunately, I'm adding myself to the list of swindled.