I’m a broker based in Charlotte, NC, and I work with Compass to support investors in maximizing their growth strategies.

Your question has been debated between BP tax experts both privately and publicly, for example here: https://www.biggerpockets.com/forums/51/topics/819991-expens...And we ended up where we started: no consensus and no clarity.There have also been court decisions that support my interpretation, even though I personally find these court decisions debatable.

Let’s connect, and if there’s anything I can do to support you, just let me know!

Additionally, most servicers will provide the tax documents needed at end of year (1099-INT, 1098-INT) and can also issue notices of NSF, late payments and support delinquency /default.

Some are unhappy, most are supportive.

As such, the plan will continue (i.e. it is not as if the Quest Solo 401k plan is being shut down and a new plan is started) but be governed by the new plan documents (which is why one needs to find a plan that supports the required features). 

Try to make your messages more personalized to avoid getting blocked again.You can email support@biggerpockets.com with any  help you  need, too. 

It's nice to see the community showing support for STRs and pointing out that an STR doesn't solve any of the real problems.  

My vision is to bring together motivated people to support one another and potentially form an LLC for group projects as we grow.If this is something you might be interested in, I’d love to chat more and see how we can help each other on our journeys.

Now they are priced such that rates must go lower in order for the deals to work, and I'm not convinced that reality will support that bet.3.