Tax attributes of the gain (i.e. short-term, long-term gain) that are deferred are preserved through the deferral period until income is recognized. 

I'm investing in Missouri, he lives  in Maryville, nearby where I invest.I feel we both have similar interests, yet bring different skill sets and attributes to the table. 

They will need to look at the entire value of the buildings and infrastructure, attribute part of the value to the existing septic system and deduct that portion as an expense, minus what might have already been depreciated.   

The solo 401k plan participant may withdraw at any time (after completing a distribution form), all or any portion of her account balance attributable to “rollover contributions” and/or “after-tax contributions.”Employer Contributions: Employer contributions are subject to more stringent distribution rules and may be distributed upon the solo 401k participant’s severance from employment, death, or disability.

Excited and new are the best attributes when you join Bigger Pockets....so glad you found the forums!

I attribute our success in negotiating this to the time I spent building a one-on-one relationship with the seller.

When assessing a property for a HELOC the banks will not likely attribute full market value to the property and will only allow up to probably 80% of their assessed value as a HELOC.

The portion of the income that is attributed to the non-IRA (borrowed) capital is viewed as Unrelated Debt Financed Income (UDFI) and subject to taxation.I unfortunately do not have the time for a through explanation of the tax, but for most investors it is of nominal impact in terms of both dollars and percent of returns.   

If not, you would need to allocate the portion of the expenses attributable to your child's use.

I think you will see my profession shares some common attributes with yours.https://carlozgil.com/from-musician-to-investor/ If you are a musician or once were, reach out!