When someone ask me if they should open SD IRA with such a small amount I would suggest to them to just open regular (or conventional) IRA at the bank or brokerage such as Vanguard, contribute the max for the next few years (in other words build up the balance) and then rollover to SD IRA.

Thats right susan there are rollovers to convert from term to whole or universal at the same coverage(death benefit) as prior.

Each deal is 4.5% amortized over 20 years with a balloon payment due at 5 years that will roll over into a new 5 year rate and so on until it's paid off.

I suppose you're looking to rollover funds from a 401k to an IRA.

First off, I am not a CPA and none of what I say herein is to be construed as tax or legal advice.Your accountant is dead wrong (unless you are not reiterating what she said properly).Secondly, if I get what you are asking, the ONLY way you can "roll over profits into another flip" is if you buy, sell and profit from flip one in say April of 2017, then take the $200k profit and use that to purchase another flip in cash, then sell that for profit in the same year, you have used profits from earlyn in the year to make more profits and your tax bill from them both is not due until April 15th of 2018 but your tax exposure is the $200k profit plus whatever you made on sale 2.

Tax laws require Roth IRA assets to be distributed in the following order: regular contributions, conversions and retirement plan rollovers, and earnings (IRC Sec. 408A(d)(4) and Treas.

Over 3 or 4 years we sold and seller financed all the property and were getting $85k or so year before we started collecting social security.When we moved to the Texas hill country I started doing a couple of flips per year which often replaced mortgages that had been paid off.We still have 2 mortgages paying us about $700/month we each get social security, combined about $55,000 year and we're both 70+ so we're at RMD point on our rollovers, about $68,000/year, plus dividends and capital gains from mutual funds.I don't think we'd be doing as well with just REI because people often moved or refinanced when the stock market was in free fall.Neither of us worked past 54 years old.

George, I think he is considering taking a distribution not rollover.

Perhaps Uncle Sam might say 4 years worth if you claimed it on 4 years of returns.3) if your 50k profit number is about right then this might increase your roll over to maybe 55k and you do not pay any capital gains.  

To do so you need to identify self-directed custodian, open new account, rollover your funds and start investing.