@Alyssa MagyarThe right answer depends on your priorities, as well as the numbers involved.I'll use some very rough numbers below to explain the thought process, and you can tailor it with your specific details:Let's say the taxable profit on the home is going to be relatively small...say $15,000. 

Still doesn't make sense but I'm considering it as just an example.Account Closed you pay taxes on your taxable income.

Especially if you're making a pretty good taxable income like you describe.

Cashflow is taxable and usually appreciation beats cashflow in the long run.

Until today, I thought that a passive tax loss for a given year could be "stored" to offset another positive taxable income in the following years: i.e.

Is any of this $100k taxable?  

@Mark Fries it appears one problem the self employed have is their ability to deduct more expenses from their taxable income.

Also any transfer out of the S Corp is a taxable event. 

I haven't had a chance to read the responses on this thread, but in response to the OP:Any taxable distribution paid to the owner of the Solo401K is subject to mandatory withholding of 20%, even if the owners intends to roll the distribution over later.

@Michael Plaks what about $15K - is it taxable income?