I used my IRA money with a 60 Day Rollover (then Refinanced it) and Home Equity line to buy this cash.

I also plan to roll over our old 401k accounts to these later too.Or, does each LLC's have to sponsor separate Solo 401k for me and my wife?

Thus it limits a high-income individual's (like @Andrey Y.) ability to contribute to a backdoor Roth IRA to a pro-rata basis rather than the full annual limit ($5,500/year) unless he's willing to convert the rollover IRA into a Roth and take the one-time tax hit.Out of curiosity, do any of your investors with 1099 income use solo-401k's to fund their real estate ventures?

If it proves itself to be a scam by a competitor to make airbnb look bad, then I doubt that airbnb will just roll over and play dead.

I'll burp him in a few minutes and roll over and go back to bed for as long as I want and it won't hurt my day because the only thing on my agenda is a noon inspection.

Should he just rollover and die?

Recently joined BP and have learned much from the forums, articles  and blogs.I am retired, have an IRA with a brokerage, and would like to set-up a self-directed  IRA/LLC or Solo 401K and rollover a portion of that IRA to invest in real estate.  

I plan on using it for only fuel and paying it off every month before the charges roll over into the next month. 

If you want to do flipping inside a retirement account, consider using the Rollover as Business Startup (ROBS) as it is not subject to UBIT. 

Long story short, you'll basically be setting up a situation where you get some kind of temporary financing to fund the construction to then roll over into the VA loan once complete.