., 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.)

It's a way to adjust to make up for the extra work that I do without changing ownership percentages.

Find something you enjoy to do where you can earn a good living and start from the bottom.

The first year was tough, so leave yourself lots of free time and extra $$ that first year. 

If that is the best route to take, do I turn around and buy a third property with the extra cash?

Could park those on the open ground, but no climate control...also a big thing for people with extra $$$ to spend storing forever.Know thy customer!

I don't think it would be easy to add on an extra "expense" like that and expect your tenants to pay it.

But maybe you get an extra 5-10k on the HELOC which allows you to get in on another deal.

You've earned the next one we need.

@Daniel Brown If I was you I would let her know you are interested in REI so much that you would get the place rent ready ( She pays material your labor is free) "take over" as property management or something to that effect, Earn a little cash, learn from her and get on the job training.