Originally posted by @Randy E.

Easy to check by looking at your Schedule E (if you file your properties on your personal tax return) or Form 8825 (if you file as a partnership) 3.

It is subject to self-employment taxes.Money earned from (and expenses associated with) flipping will likely be reported on Schedule C unless you are in a partnership or choose to be taxed as a corporation - an entirely different discussion.Rents (and rental expenses) are reported on Schedule E. 

@Brian Eastman, here's the language from 4975(c)(1):"(D) transfer to, or use by or for the benefit of, a disqualified person of the income or assets of a plan;(E) act by a disqualified person who is a fiduciary whereby he deals with the income or assets of a plan in his own interest or for his own account; or(F) receipt of any consideration for his own personal account by any disqualified person who is a fiduciary from any party dealing with the plan in connection with a transaction involving the income or assets of the plan."

A better comparison would be "how do series a - e" compare to 5 regular LLC's. 

B2 (sell in 6 months when the lease expires (home buyers don’t want renters in the house and you don’t want to boot a paying tenant.)Or E) Ben’s suggestion.

The interest costs on that have to be getting expensive... the juice on those hard money loans is 12 - 20%.

Personally, I prefer to manage all my properties because a) no one cares about them more than me, b) there's no PMs in my town worth a crap anyway, c) my properties are fully renovated and rent so fast that PMs would do virtually no work for their pay anyway, d) I'm a control freak, e) I make more money. 

E's, and YSU. 

(link: https://www.eventbrite.com/e/new-jerseys-6th-distr...)