These include your experience in the specific business and in business in general; your business knowledge and acumen; your ability to make decisions under pressure; ability to manage other people; ability to handle demanding clients in highly volatile situations, marketing knowledge and ability, amount of capital, and of course luck.You’ve got to ask yourself if you really have the attributes to run a successful business.

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

It is also not clear to me how to calculate and segregate the earnings/losses attributable only to the contributions made within 2019.Appreciate any advice I can get on this. 

It is also not clear to me how to calculate and segregate the earnings/losses attributable only to the contributions made within 2019.Appreciate any advice I can get on this.

People selling accept no down owner financed deals for two reasons; either their property has some negative attribute that makes it non financable, or they want, need, or desire to sell at a price greater than the market is willing to pay.

"Quarry" is not really a positive sales attribute, is it?

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

It completely changed the way I think and it motivated me to accomplish bigger and better things.Now, I'd like to know: what book(s) would you attribute your success?

In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.