The tax above that I think everyone was referring to was not UBIT but rather UDFI which unrelated debt financed income tax which Dmitriy mentioned is a tax incurred upon leveraged investments within a qualified plan to make sure investors who utilize debt are on par with others in taxed environments who use debt/leverage.As far as I've researched the soloK is not subject to UDFI (buying real estate passively with out active trade or running a business inside your soloK) but if your running an active business inside the qualified plan then that is the realm of UBIT which aims to level the playing field with businesses operating within the confines of a qualified plan with those not in tax advantaged environments to keep parity.I've been researching these for my family members and have no qualified plan so there's no interest in these personally other than to help.

Other trades used blue painter tape to attach paper for protection for maybe 2 hours.

., in a real property trade or business) if:1) more than one-half of the personal services you provided during the year were performed in a real property trade or business in which you materially participated; AND2) the number of hours in which you materially participated in this real property trade or business was more than 750 hours; AND3) you must materially participate in each rental real estate activity unless you filed an election to group all rental real estate activities as one (and materially participate in that activity).A "real property trade or business" means any real property development, redevelopment, construction, reconstruction, acquisition, conversion, or rental operation, management, leasing, or brokerage trade or business.Personal services performed as an employee are not treated as being performed in a real property trade or business unless you are a more than 5% owner of the trade or business.For joint return purposes, the eligibility requirements are considered met if either you or your spouse separately satisfy the requirements.

Came here to learn some tricks of the trade as a beginner.

It is a guideline, after a number of years you will get an idea of the % of expenses for your property, but experience shows it will be close to 50%.You can to a certain extent trade some of these %'s with hours and do say the property management yourself, if that's something you'd like to.

Perhaps your aprtment managing skills can be a trade back to me.Best wishes,Will

In addition to what Ken mentioned, there is also the FCPB, they can just look at a deal and find it as a bad business transaction, in line with fair trade practices.

It could be that she rehabs properties, puts tenants in place, and sells "turnkey" rentals to other investors, or as you said, perhaps she is adjusting her portfolio and trading up.

Did you have a licensed pro with a trade card replace or work on the HVAC/ Plumbing/electrical?

New product type for me and I trade mortgages for a living).Ideally I'm looking for 30 yr fixed but most lenders I speak to direct lending through their commercial lending group when a LLC is involved.