Make sure you do your math correctly when analyzing property taxes…they will be eye opening.

We have chosen one municipality to do Section 8 due to the relationship we have established with the director, case workers, and inspectors.

Selling the property within your Solo 401(k) and returning the proceeds to the account simplifies compliance and ensures tax-deferred growth (or tax-free in a Roth Solo 401(k.)).

I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “. 

If you have high holding costs (financing, taxes, insurance, utilities, etc.) the longer you are holding the less money that you are makingSelling profitably - How long will it take to sell?

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

After looking into it more, I'm concerned about potential tax implications and legal issues, such as piercing the corporate veil.

It's not easy in DFW right now due to the price runups over the past few years and now slowdown in the market.What price range do you want to be in?

We bring/offer the mortgage loan investment to the group & handle all the servicing, including chasing the monthly payment/insurance/taxes, foreclosure, etc.

I have a tax firm that specializes in working with real estate professionals/investors.