To help, I used Excel to forecast the future value (FV) of both options: 1) leave existing traditional rollover IRA in-place or 2) liquidate the IRA, paying the 10% penalty and 33% marginal Federal tax hit.I'm 15-16 years away from retirement and computed the FV of both options over that timeframe.

This may be an excellent approach to obtain practical experience and pick the brains of those who are currently working in the field.Offering your assistance in property management in exchange for a teaching opportunity might be a novel strategy, as you indicated from reading Brandon Turner's book.

Yeah it's mostly sifting through lots of bad deals to find the good one.First is finding what a good deal looks like, then going out there and hunting.I'd wager I've spent thousands of hours on Loopnet, redfin, and Excel looking for deals with good returns. 

You are in an excellent position to try and find an assumption deal since you have the eligibility to trade.

And what 'is" is a tangled jumble of things. ai will just kick back an answer loaded with "and, if, but, when" because that is how the various statutes are, loaded with layers of variables that far too often make almost any action/answer right, wrong or unknown, sometimes simultaneously multiple or all of the above. 

Jeremy is upstanding and excellent".

if you have cap gains in 2024, or in the coming years, you might want to consider simply "abandoning" your interest in the LLC, which allows you to take the loss in the year you choose..For example, if you have cap gains of $50,000 in 2024, you might want to "abandon" a some or all of your Membership interests,  which give rise to a loss which will absorb the gain.  

I'm glad to hear it's working out :)@Ola Dantis That's an excellent point - at this point, I don't plan on carrying a balance unless an unexpected expensive repair comes up. 

I recommend you choose 1-3 hot return and appreciation markets and be loyal to 1 excellent/seasoned investment realtor in each market and lean on them to guide you and steer you to opportunities.

I believe a good listing agent will be able to sell my real estate for a value that is at least 2.5% more than I can (and frees up time for me to focus on what I excel at).