@Delshon Chestnut, there are several experienced CPAs who are active participants on ths forum.

Participating in the forums, attending webinars and reading the books are all great ways to get up to speed - but nothing beats getting out there and talking to like-minded investors.

With contribution limit of $55,000 per participant for 2018 you can probably shelter most of your income from wholesaling into your retirement account instead of paying it to uncle Sam, then grow your wealth in tax-deferred environment. 

It is sad to see this happen to someone who was just trying to rent an affordable house to a willing participant. 

But asking us to participate in structuring the cover up, not to mention posting it online, strikes me as rather poor judgment.There are plenty of ways to grow SDIRA's/401K's/HSA's/CESA's legitimately. 

@Bruce Harding,The $50K limit applies to participant loan you personally can take from your 401k.

I was very intrigue last year when the Opportunity Zone Funds was being develop, even participated in Webinar call-ins as state started listing potential locations for OZ Funds, this moved fast, but the Capital Gains requirement left me out of investing. 

Looking forward to hearing from you guys and participating here on the forums.

To learn more about the prohibited transaction rules, please see the following. https://www.irs.gov/retirement-plans/plan-particip...https://www.irs.gov/retirement-plans/retirement-pl...

You can deduct 25k of rental loss if you actively participate.