Where I manage if it's more than one unit usually we pay, so just check on that.Taxes: if you can, get a past tax bill, or contact your city to find out the taxable value they are paying.

In fact, you can create more taxes for yourself this way if you're not careful: either by triggering self-employment taxes or by triggering non-deductible losses coupled with taxable income.Sometimes this setup can have benefits, depending on your overall situation and your goals.You cannot learn it in an online forum.

If you "materially participate" in the property you may be able to offset W-2 income with losses from rental property, but this depends on a # of factors including type of rental (STR, LTR, etc), level of taxable income, and more. 

You are depreciating the cost of the appliances too, so your taxable cost ends up less.

One thing to watch out for in a transaction this way is that 100% of the boot will be taxable.  

Your responsibility with a 1031 is to purchase at least as much as that sales price and to use all of your cash proceeds to that if you want to avoid a taxable event.If you are buying a DST that has a lower debt ratio then you will probably need to add cash in order to meet the reinvestment requirement.  

When an IRA borrows, 100% of the income generated by the IRA's investment must flow to the IRA.The IRA is the borrower, not the IRA account holder.If the NOI is $3,800 and there is $1,300 in loan payments, then $2,500 does flow to the IRA as pre-tax income.While not a direct correlation, that $2500 will be partially taxable to the IRA per UDFI taxation.  

The alternative minimum tax could have come into play for other reasons and reduced some deductions and expenses from reducing your alternative minimum taxable income.

But C-corps can deduct fringe benefits like insurance premiums, health club benefits, and a number of things that individuals and other entities can't deduct.A C-corp that makes widgets would pay tax on their net taxable income.

If you move money from a 401k into your personal account - this would be considered distribution, which is taxable event (plus penalties if you pull the funds prior to normal retirement age), you'll keep less of your money, probably not a good option for you.Another option would be to setup a self-directed IRA and purchase investment properties inside of your retirement account.