On the other hand I don’t want to be cheap and losing money in the long run bc I’m not properly fixing things.

The latter part of my post was referring to the protection of the account, not the assets through funding but the cash left on-hand.I think because banks are or were typically used for ck, savings, etc, I never looked to them as offering IRA/SDIRA.When I opened my account (2018) it was with specifics in mind and now I am reevaluating.

DC Housing told me to look up our address on affordablehousing.com, and that is the max we can rent the property, it shows $4,270, and I would like to rent it at $4500.I posted the unit on Zillow at $4500 to gauge the response, and I got 15+ applicants within a few days.

Consulting a CPA or attorney can ensure you're structuring it efficiently for both taxes and asset protection.This post does not create a CPA-Client relationship.

After the appreciation we have been experiencing post 2022 and what we have been witnessing the last 2+ years its hard to pick a spot and be confident on appreciation.

If your gain exceeds the exclusion, you’ll owe capital gains tax on the remaining amount.This post does not create a CPA-Client relationship.

This is an AI post.

*This post does not create a CPA-client relationship.

Although you didn't post pics or anything so maybe it has a huge view or a 3rd sleeping area or a ton of sq ft.

Given your described building location and post, I am guessing you are single tenant (seems to be the majority in that Elk Grove, Bensenville area).