But for the unit you’re living in, you can’t do that.2.50/50 Split: Since you’re splitting expenses down the middle, make sure you both agree on how that’s going to work, especially since your unit won’t be bringing in rent.3.Your Unit: You won’t get to write off depreciation or rental deductions for the unit you’re living in, but you might still get homeowner perks like mortgage interest deductions.4.Partnership Stuff: Just make sure you and your partner are on the same page about how you’re splitting costs, income, and who’s handling what.Might be worth chatting with a tax pro to make sure everything’s set up right.

I previously had a self directed IRA with Entrust and had numerous issues mostly related to the time it takes then to process requests, which can potentially cause you to lose out on deals. 

I see growth and potential.

I feel the Bowie/Upper Marlboro area offer great value for flipping and/or rentals because the costs are lower yet you can sell to the DC buyer.  

Let's say closing costs are $5k.

How do you evaluate potential investments, and what role does financing play in your decision-making process?

These are typically deductible in the year they’re done.On the other hand, improvements that better the property, restore it after substantial damage, or adapt it for a new use generally have to be capitalized and depreciated over time.Now, if the cost is $2,500 or less, you might be able to use the De Minimis Safe Harbor election to expense it immediately, rather than depreciating it.

If you complete a deal in the first 6 months after purchasing it, he will refund you the cost to buy the program.  

Or for Closing cost, Ernest money deposits, etc.

What you're really doing is qualifying them and potentially their network.The Investor CallWhen holding an investor call, it's essential to follow these key steps:-Take control of the conversation, ensuring you guide the discussion and its flow.