Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040; Pre-tax IRA contributions on reported on line 32 of Form 1040; Pre-tax solo 401k contributions are reported on line 28 of Form 1040; Roth solo 401k funds are subject to RMDs; A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.); Roth IRA funds are not subject to requirement minimum distributions (RMDs); The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498; The fair market value of assets held in a solo 401k are reported on Form 5500-EZ; At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; and At termination, the self-directed IRA is only required to file a form 1099-R

No one on this site without a lot more info could know if you are paying too much.If you used a standard offer you will have an escape clause (assuming it is not waived) for not getting financing. 

I would unload that property before the tenant trashes it or the market turns and count your blessings that you've escaped the inevitable.If you want to create wealth, work for it.

The biggest issue is to install fire escape (second means of egress) for the 3rd floor unit. 

Hello fellow BPs, Does anyone know what's the cost range of building a fire escape (secondary means of egress) from 3rd floor?

I also like to share my hobbies because I'm always happy to meet others who share the same: Rock climbing (newbie to it), hiking, fishing, mudding (Like ATVS), want to start scuba diving, love escape rooms and my favorite READING!!!! 

I am presently paying below market rate for a pretty nice condo in a less than stellar community, so the major motivation for my first house hack is to escape the hood.

If you didn't know what they were doing was unlawful then that is negligence on your part - that's not a defence.A professional should have indemnity insurance - that's the route I would try, to transfer liability to their insurer, that's the only scenario I can see where the PM doesn't escape by saying he was just following your instructions - in that case  he had a professional obligation not to.If he does not have indemnity insurance - well that is more negligence on your part for expecting  a professional service for someone who lacked professional credentials.

Two problems with this outcome:major audit flag on zero-income Sch Cinstallment income improperly escapes SE taxMy solution is to manually calculate installment income and enter it on Sch C, forgoing 6252. 

Interesting scenario for sure.Beats my most interesting criminal charge which was a felony escape from prison!