Hello All,I am going to be talking to a couple of the "Pros/Vendors" for are so sharing of their time and knowledge here this week about setting up our Solo401k accounts, but thought this might be a good question to ask here too for others that are wondering the same thing.Our situation is that there are 3 of us who currently use SDIRAs, but want to set up Solo401k accounts for the added benefits of 1) Larger yearly contributions 2) Simpler bookkeeping/taxes when using leverage inside of a retirement account 3) and the possible use of the 'loan feature' that is available in a Solo401kTwo of us are clearly self employed beyond a doubt. 

@Sarah Miller I know it was a long time ago, but I'm trying to figure out bookkeeping for my business now.What if property 1 has a repair/maintenance expense?

ALWAYS select a CPA, not just a bookkeeper and not someone that JUST knows Quickbooks

Or, is it management by committee with one person doing the leasing, another person handling the maintenance, another person handling the tenant issues, and another person handling the book keeping?  

After reading the de mimimis portion, it sounds like this is just a measure in order to simplify book keeping for small-time landlords/business owners, do you agree?  

For example, if my accountant accepts my bookkeeping for my return with expenses of $2500 or less listed as expenses, is it his or her responsibility to verify and "sign off" as it were with the IRS that we have a written capitalization policy?

@Joe Black, I personally use Widget CPA & Bookkeeping in Clearwater.

This adds the complexity of book keeping and the expense of the tax return that would not be necessary with an all cash purchase by the IRA.  

bookkeeping etc.

I have no personal experience with this nor do I know offhand which banks, but you might ask around.Due on sale clause aside, you are going to pay $800/yr CA state franchise tax, plus bookkeeping fees, and extra tax prep fees?