In 2018, after four years of no reports and membership payments, Vantage IRA sent him a 1099 notice saying that they had distributed the full amount last reported in 2014.Additionally, my friend filed a chapter 11 bankruptcy July of 2014, shortly before his arrest.With this being said, my friend never received the disbursement, Vantage IRA is still the member of the 7 LLC's contained within the account, and the LLC's were never closed.

Do you frequently require subcontract and vendor engagement (lawn care, snow removal, building maintenance, management company etc.) and if so, do you sign contracts and require that you are listed  as additional insured on their insurance policies? 

I was suggesting that someone take out the 30k down payment, and 50k additional out of pocket money spent on repairs, for a total of 80k. 

My recommendation would be to partner with Realtor for referrals so you can spend your time on what you do best.Either way, with your criteria being so specific, you'll likely end up with quality leads and an additional income source!

To qualify for a Solo 401(k), you need to have self-employment income, or W-2, within an owner only business, that is you are the only owner.

@Yoana Yordanovagot it - thanks for the additional information. 

I have many years of construction experience and have also done a fix and flip, in addition to ground up construction, as well as 10 years of entrepreneurial experience running a paddle board rental company, and advancing science through developing theoretical methods for efficient large scale simulations...I guess my problem is I can't seem to figure out how to find the money to do more projects, which is why I've been trying to sell my house.

      - Additional equity of 170k at risk; subjected to fees if home is sold under default/breach.Hometap provides access to as much as 20% of your home’s value in cash for a 10-year term, after which you can pay out Hometap’s investment (which includes their return) by selling the house, using your savings or refinancing.

Additional income opportunities include leasing land for agricultural use, event rentals, horse boarding, and RV rentals.

There is also space available for an additional 3 mobile homes.