Quote from @Sue K.: I lived in a small town in WA and heard a sad story from the guy who owned the gas station in town - he was required to upgrade the underground tanks and it cost him an arm and a leg. 

@Adrian N.A true solo(k) should have 100% checkbook control.

@Steve K. do you charge a utility fee to the tenants for the solar panels?

You’ll likely file a Form 1065 with K-1s issued to each partner. 

Blethen, Melissa Davis, Josh Farley,Alex Fryer, Claudia Rowe, Carlton Winfrey and William K.

MY friend @Michael K Gallagher is not too far from you in Columbus Ohio and would be a great connection. 

@Kreighton Reed how much hassle is it to switch banks once the Solo K is established?

Quote from @Rob K.: Quote from @Michael Gonda: Hi everyoneMy business partner and I have 25 - 30 single-family homes and multi-tenant properties

RUN COMPS w/ BOTH SCENARIOS TO FIND THE TRUTH.Here in Chicago, depending on the neighborhood, central air is not always common.My friend @Michael K Gallagher is from that area and can probably provide a more detailed insight!

A 1031 exchange is a very compelling tax strategy to continually expand & invest in real estate that is not possible in any other asset class that I am aware of.Diana, I'm more than happy to have a discussion on the pros/cons of investing in real estate through your SDIRA or Solo 401(k).