., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

Some variables I've decided on are that we would prefer buy-and-hold investing, to rent out, and that we will continue working with average combined salaries around 80-90k/year, and am open to beginning with a duplex to get the whole house-hacking ball rolling.

Some variables I've decided on are that we would prefer buy-and-hold investing, to rent out, and that we will continue working with average combined salaries around 80-90k/year, and am open to beginning with a duplex to get the whole house-hacking ball rolling.

If they are planning to be rolling around in Bentleys like Wall Street banker, they wont last long, but if their prices stay within average or better, who cares, your saving money if you know it or not.If your flip can't support a fair price, your not doing to good as an investor, it's not the vendors fault you overpaid for a property and can't pay market for work to repair it. 

I lost my bank...they had a cease and desist issued by the FDIC for lending out of area.

The home flipper has the primary purpose of once the asset is fixed up of selling and then rolling into the next flip.  

The only downside to them, and i don't know if it's typical or not, is the fact that they have to sell the carpet in rolls of 12x12.

Since posting, we had an inspection done.Property needs new roof and guttering (like yesterday)The air conditioner is drum roll... 31 yrs old.Water heater is 20 years.There are some old wires in the property that need attention.

Then you can either cash out refinance that equity bump to roll into the next deal (BRRRR) or let it ride with added safety and cash flow that you can put away for the next deal.

if any of that happened in September, then it goes against the September rent roll that may have been collected on the 1st, the PM fee should be broken down into the 30 days as well and you only take out 6 days, that was terminated. demand receipts for the work and the paid energy bill.