I've been exploring new strategies with the BiggerPockets community, and I recently stumbled upon two completely free courses on self-directed IRA investing that changed my perspective.

First of all- Launch Financial is NOT a direct lender.

The same way you communicated when you gave them control of the property, should be sufficient to give notice now.It sounds like you have not received 2 months of rents, is that accurate?

I am not a digit off; I received $125.00.

If the study identifies significant short-life assets (5-, 7-, or 15-year property), you may be able to take bonus depreciation (currently 60% in 2024, phasing to 40% in 2025), which could offset taxable income, including potential boot taxes.Key considerations:Cash boot: If you didn’t reinvest all cash proceeds, the IRS considers the leftover amount as taxable gain.Debt boot: If your new property has a lower mortgage, the IRS views the reduction as a taxable benefit, unless you offset it by adding additional cash.Cost segregation: Accelerating depreciation reduces taxable income but does not directly offset boot taxes.

@David PopeYou probably inherited a 5.6% interest in a partnership which owns the property, as opposed to having a direct 5.6% ownership of the property.

It seems like the real support you would receive from Pad split is them helping find the occupants/tenants And them processing the rent.

Many meaningless emails such as “thanks” or “let me know if you need anything else” were sent to the sponsor after receiving non-answer responses from Versity/Crew.

But you cannot take title directly. 

With a bit of planning and good operations, one can easily manage 20 to 30 properties without an assistant, with less than a day or two a month.There's lots of automated ways to check on rent, make deposits (my tenants deposit directly into a bank account), receive maintenance requests, have maintenance done, etc., etc.One thing I could argue is to have your tenants ONLY email you, especially for maintenance requests, and that email goes directly to the vendor that you have set up to handle it.