It’s a way to “sneak” extra funds in to your retirement account.

We aren't in this just for the money, don't get me wrong, I've happily let long term tenants pay all of my bills since retiring in 2016, but I do care and want people to have happiness in their life.

He finally retired and things were great.

Ideally what I would want to do is pay myself about 7000-10000 per year or so, pay self employment taxes out of there and then contribute the remainder to a retirement account.

That's time for a new negotiation and they will likely buy your Option back from you.You can also sell or trade Options for cash or anything else you like and they are great to hold in retirement accounts too.I currently hold an Option which I paid $4500 to the local County for the owners delinquent property taxes to save his house from foreclosure.

I've also considered forming an S-Corp in PA, as I want to have a self-directed retirement account someday, and it would be easy to max out with the revenue from the PA solar farm.If I had a self-directed account, I would likely do some investing in securities, but most in real estate (likely in NC).

Well, they may have other properties doing great and need the tax write off... maybe they're expecting great appreciation of the property and will sell it later... maybe rents are rapidly rising and they expect to be cash flow positive in 20 years when they plan to retire anyhow... or after the mortgage is paid off...Who knows?

I was approved for $29,500 in business credit cards after my first round.I am retired and will working full-time on my businesses and investing.

I am hopefully, 9-10 years away from retirement, and plan on owning 7-10 rental SFR in that time frame.

As a retired CPA, I always used the ratio of the tax assessor's valuation unless I had a qualified appraiser's report to confirm otherwise.