But as long as its not directly in the flight path, it will be okay. 

There are just too many options available to go directly to the supplier!

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

Quote from @Spencer Thomas: Quote from @Dominic Mazzarella: Quote from @Spencer Thomas: View report*This link comes directly from our calculators, based on information input by the member who posted.What do you all think of the deal and how I analyze it? 

If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends? 

The condo has some issues: a faulty breaker box, old and not well-sealed windows, and uneven floors.

and deal with power lines, water lines and sewer, maybe seal the well. 

@Rene Hosman You can read about H.S.A. investing in my new BP book - Self-Directed IRA Investing: A BiggerPockets Guide - www.BiggerPockets.com/SDIRA

I feel direct mail is another great method.

DIRECT MORTGAGE LOAN COMPANY6.