After going through - what appears to be a normal knee jerk, 'I'll just start a company and have friends and family invest in the company and I'll use the money at my discretion to buy whatever good deal comes along' - I've realized it's a little more complicated than that.

There is not even a patriotic duty to increase one's taxes.Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible.

I guess the other factor is how backe dup the courts may be.

Appeared very friendly and very nice.

For my feeble real estate mind this appears to be a really good deal.

We haven't discussed the terms of a lease option yet, but she appears to be very open to doing an option.

Andy, I think a lot of people ‘skate by’ until one day they end up in court and find out they violated state law and their contracts are null and void.

The first question you reference above appears to be related to "which entity should I use as my plan sponsor/employer".The Solo 401k is a trust, and that trust may invest into real estate and other non-traditional assets.  

Tim Delp's forumla is exactly right.Paul has it correct in how it appears on your return and is deducted.

If it's in probate the court can approve the sale, no need for the SAFE Act as the court could order the arrangement.If it's out of probate, most likely the sale would fall under the exemption for the number sold by the seller within one year, check your state for that exemption.Luck you, it's unusual to get seller financing out of probate court, the estate must have cash and you have no mortgage either....perfect!