Every day there while I camped out in an empty house, I kept in mind to feel gratitude and notice the beauty all around me, like the precious animals that visited me every day in that rural setting, for the electric and water I was able to afford to keep on, for the wonderful neighbors, the lender that showed up, the contractors who showed up on time, and all the beyond fabulous little mom and pop places to eat that I just adored while I was there.  

If they do not follow through with what I say then they stand to lose more than me and I haven't wasted my precious time I could have been doing something else. 

Precious owner bought at $550K about 7 years earlier only to lose it to the bank...Put $40K down, renting $3250 a month since 2012...Market value of $850K today....But gone are those sweet times

It cost the same to rebuild per square foot, but in an OO they are also covering your personal property, furniture, jewelry etc.Shop around and see what type of deals you can get, you can also get better rates by going with a higher deductible, just make sure you can afford more out of pocket if you have to make a claim.

Time is your most precious - and most profitable - resource.

Not to mention that breaking into the house dramatically increases the chances of wearing an orange jumpsuit for the next 10-15 years.Some who you have labeled "sissies" may merely respect our nation's laws and have set a higher bar for issues that they are willing to sacrifice their most precious of gifts; freedom.

@Mark WorsnopIf it’s precious to you and a famIly heIrloom , why in the world are you renting it out for strangers to use or damage .. or in this case “ steal”

The contractor tells me that he also checked with one of the larger accounting firms in Denver and that it is correct in being treated like a stock, I disagree and told him, it does not matter if he is selling a box of nails, jewelry or shoes, it is simply a return on the investment the (investor) makes.

They lose because they thought they were in the right and lose a bunch of money and time.If people want to waste precious time in what limited lives we have on this planet doing such things by all means go ahead.

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (checkbook iRA)  must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.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.)