@Tom R.

@Lawrence RatliffFirst off I commend you for the hustle, the ambition, and the huevos (Spanish for eggs referring to something else) to start your RE pursuits.but ...1) I agree strongly with @Justin R.2) I am not a big fan of any of the so called "rules" but the one that I use as a quick guide on ROI calculations is the 50% rule for lower cost units. 

I did not cAtch the r 2 zone.

Originally posted by @Mary R.

For the past couple decades everything that has worked continues to work well.However.This resilience to change is what bankrupted Toys R Us.

;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R

I’m doing a mini version of a BrRRR - r for small rehab :) on a fourplex and it’s amazing how people are so surprised I’m paying cash up front and the return is low, blah blah blah and they just don’t seem to ‘Get It’ that 6 months down the road I’ll refi and move on to the next one!

Try H&R Block if you want to get them done in the next week, otherwise start reaching out to CA CPAs after 4/17. 

@Jonathan R McLaughlin Thank you very much for the feedback! 

The conversion is reported in the year that the properties are moved to the Roth IRA and a Form 1099-R would be issued by the following February for filing with your Form 1040 tax return.See the following.https://www.irs.gov/retirement-plans/retirement-pl...