My previous accountant said that I should avoid forming an LLC until I surpass $1,000,000 in annual gross rental income.  

The comments far surpassed the article itself for information!

Once your equity has surpassed 20% you typically are able to drop the PMI. 

I purchased at 10% down with an FHA loan w/PMI but now surpass the 78% LTV to refinance as a conventional loan.

Only until last month has the amount of money managed under Lending Robot surpassed the loans that were bought under Lending Club so hopefully I get into some better quality notes.

Most duplexes in the popular part of the city are being rented for around 2800-3000 and these homes are only worth around 250k.Majority of the time, college rentals will surpass the 1% rule but of course there is the downside.

Please come share and lets see if there’s a way we could achieve or surpass our goals together!

You can then use that for real estate not just stocks.But the answer to your question is:- since you can income qualify for the Roth, I would drop the SEP IRA so you don't pay taxes when you retire ANDwith your Roth IRA being self-directed and you can use it to invest in real estate, the GAINS on the Roth IRA (used for real estate) will more than surpass the contribution you can make on your SEP IRA.

So to rent this garage to an outsider (not a tenant) will be a challenging option.I taught of dividing it to two garages so that each garage goes with a unit, but the cost of implementing this option surpasses the benefitsThe average rent per Sqft in this area is around $1/SqFt.

It has its downsides (A LOT OF WORK), but overall I have surpassed many of my peers (and that is a great feeling).