Good luck on your bidding.although this post was 10 years, i figured it's still very useful. thank you for whoever contributed to this topic. 

Ensuring you're both onboard from the start will contribute to a smoother process and a happier investing experience.

You mentioned you make too much to contribute to a Roth.

Thank you for your contributions on this forum!

The judge will say this LLC is a sham and you and the LLC are the same. should I have a fake partner (not that the partner doesn't exist, but he contributes $1 to purchase the property) so that it's not a single member LLC?

I look at it through the lens of: 1) If I contribute to a pre-tax account like a pre-tax 401k, Traditional IRA, SEP IRA, I get a tax deduction, but now I'm in a partnership with the IRS, but I don't know what I will have to pay them later on in life when I start pulling money out (that is because when you distribute you pay taxes based on your effective tax rate at that time, which can be unknown). 2) With Roth accounts, (Roth IRA/Solo 401k(k) with Roth component), I can get the taxes out of the way on the seed, so I don't have to pay on the crop. 

I am sure that contributes to the nightmare I am living.

We put 12% down on the property at a 5.99% rate and contribute another $120 or so every month towards the principle. 

When coming from contribution, people sense your sincerity...and the world often rewards you by bringing you leads. 

Rents increase 5% annually on average here.My mom is excited about the opportunity and is willing to contribute her 401k towards the 15% down payment on a hard money loan or less if we find private financing.