Coons believes that this is one of the worst pieces of legislation ever.

It also helps in case the IRS questions whether you have sold.In recent years some states have passed legislation that would apply to lease options, so definitely check with a lawyer to find out what, if any, the rules are in your state and/or Dodd Frank. 

I am uncertain as to the exact steps to follow when you transition.

If it can be done with a single business, it can be done with a coalition of people backed by legislation. 

The way the legislation is currently written you will be paying at the tax rate that is in force for 2026. 

Real Estate professionals In the UAE, particularly in Dubai have praised the legislative procedures adopted by the government to regulate the real estate sector and impose tools that safeguard the interests of not only property developers but also investors.

Rents should go up due to demand, but anti-landlord legislation could also increase.

It's not the wild west anymore where you can get away with anything one might dream up.The SAFE Act was the first federal law passed concerning seller financed deals, I've been through tons of financial laws and I've never seen a specific investor type deal identified as they did mentioning "Lonnie Deals" as being predatory and the subject of specific legislation outlawing a transaction as explained in the Deals on Wheels book.

Based on what I read it seems that there was some legislation passed that said that the difference would no longer be taxed which keeps the homeowner from being socked with a nasty surprise.

If not, a self-directed IRA or IRA LLC (if you want checkbook control) is a great option and really the best option when Solo 401k eligibility is likely temporary or uncertain.