From a taxation standpoint, it would seem strange for you to be 1099 and have no deductions.

If in name of an entity, there are additional filing documents with the Secretary of State where the entity shall be opened (entity method is best to work with a qualified attorney with international clientele knowledge)(2) Anti-Money Laundering: This is a check that many a banks do and one would have to manage appropriate documentation for both inbound and outbound funds.(3) Taxation: This varies based on bi-lateral treaty with the US for each country of citizenship and residency, but you have the general rule of thumb identified in your point (1).(4) If it is perceived as a capital raise in the US (whether from domestic or international sources), then the SEC items matter and a qualified professional can guide you through that.(5) Depending on the amounts of money, that is being lent and the types of loans, you can be perceived as a financial lender, so a lending licensing may be a requirement in each state.

If you were able to live thru 6 months of reno work you might be willing to do this extra work to avoid the capital gains tax at the end of the year.

That is a very small cost for being able to participate in a solid investment with leverage involved.A Solo 401(k) is exempted from taxation on UDFI in some but not all cases. 

@Anthony PresbiteroCongrats on being under contract for a multi-family property.House-hacking does add some complexity to your tax return.You have purchased real estate that is partial investment property partial personal residence.As such, you may need to properly allocate payments such as real estate taxes, home owners insurance, interest between personal and business expenses.There are about 20+ accountants on this message board who specialize in real estate taxation.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

Save your tax advantaged accounts for your assets that throw off the most income that would be subject to taxation.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

Each company has a different take on asset protection and taxation strategies.