Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

I can’t keep looking for properties that will cashflow because I feel like I’m wasting my time at this point.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends? 

Next question.... will you self-manage it, or turn it over to a professional management company, or some type of hybrid? 

. $215k is the offer that is falling through.It's not something we could self manage.

We live in San Diego so would be long-distance, TBD if we self-manage or enlist a PM. 

Currently, I self manage using software program that centralizes the majority of information and messaging and pushes to all the platforms that we list the properties on. 

It may feel cumbersome, but their diligence reflects the level of security and service you can expect once onboarded.

This type of self-promotion is only allowed within the Classifieds section of the Forum.