You'll likely want to evaluate the investment with UDFI tax figured in.The Solo 401k trust would make the payments to the seller/lender and would also pay for any investment-related expenses.

It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.

You and Him are filing one joint tax return. 

We are the renters in this situation but we did not discover the discrepancy and how it was all calculated until after we signed the lease.

Quote from @Kavya Veerapaneni: Hi BiggerPockets Community,I’m relocating to Danbury, CT, from Reading, PA, after accepting a new job.

The home burns and the incredibly over taxed CA FAIR plan has either gone bankrupt or takes years to pay out.2.

I used to live in the city and the taxes and water bills are nightmares.

Self-proclaimed Section 8 guru's online claim to do the latter and then find Property Managers after they purchase the property in whatever state, but I don't know how real that is. 

Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.

Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.