Also Condos are dealing with high special assessments.

If you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a speciality trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.Can I contribute to both a Solo 401k and SDIRA?

If anyone has listings or is a realtor that specializes in these types of properties, please reach out!

If she gifts the home to you, you inherit he cost basis and owe all the taxes.

Many properties will need specialized attention, especially with plumbing, electrical, and historical elements. 

I work for an investment brokerage that specializes in acquiring and selling great real estate investment opportunities.

The banks treat it as if the borrowers gift it to them.

It is a special policy.

The key difference, though, was he spent months carefully getting to know the local architecs, reputable builders, and even a couple of niche design firms that specialize in modern builds for mid- to high-end buyers.

See what is possible thru Special Use or Variance permits.4.