It should be noted that basis adjustment does not apply to stocks held within other Qualified Retirement vehicles like Annuities, IRAs or 401(k) accounts.

@Sean Morrison my ignorance in this area is beyond embarrassing and has been put on public display. 

I recognize you got your definition of asset from Robert k, but it is not the typical definition of asset.  

Quote from @Michael K Gallagher: @Daniel Vroman Rusteen I think there's just a general misunderstanding of the value an agent or local expert brings to the deal that you either do not wish to see or simply don't find value in it. 

Bobby, the accredited investor standard was set in 1933 then revised in 1982 to the current 1 million net worth or 300k married amounts, but to adjust for inflation they should be re-set to 3.2 million and around 700k, which would help to weed out a lot of the inexperienced investors, who as Ruth from "Ozark" would say "don't know **** about f$%k!"

I threw this together in one night and couldn't figure out the best way to display it.

Alternatively, if you have self-employment income, consider sponsoring a Solo 401(k), as it exempts leveraged real estate from UBIT altogether.

If nothing else, prices are down a couple of points this year in Denver, so that's a relative positive over my last purchase.If I was 20 years older, and had 20 more years of compounding and contributions in my 401(k), the private lending world would be a major part of my portfolio strategy right now, as I think yields are really attractive there.It's tough out there, but I trust what I know in small residential more than going all in on more index funds or bitcoin, and lending is just too tax inefficient until I have more time to build wealth in my SDIRA.  

I tend to just leave a piece of paper with where to send the rent check to...however some K Cups & Clorox Wipes would be a nice addition! 

@Michael K Gallagher Thanks for your 2 cents.