All I stated is that solo 401K may help to avoid SOME Of the UDFI/UBTI taxation.

Critical Questions to Ask a GC To ensure you hire the right GC and avoid delays or cost overruns, ask: • Experience & Licensing: • Are you licensed and insured?

From my observations of successful investors (those with 100+ units and 20+ years in the game), there seem to be two camps: those who are pro-partnership and those who avoid them.

Owner only gave us $2k to work with, so we took care of Health & Safety issues (to avoid lawsuits) and did our best to spread out the rest to make the property look "decent".

Do you have prior experience to operating the rehab credit contingency to avoid the seasoning period?

But the IRS has said that it is not appropriate to purchase from a related party when the purchase is an attempt to avoid tax. 

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.  

Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.

If you own real estate in a self-directed qualified account, the 1031 exchange is unnecessary.

That might cause you unnecessary stress and lead to dropped balls for your clients.