In other words they trade whole dollars for pennies back.The write offs come from the money spend on deductible expenses.RE investors get better write offs.

I'm not here to start fights but I think you think of yourself as a jack of all trades but it is clear to me you are a master of none.

Due to property tax reform, the sale amount is considered the market value,For that trade off and anti business legislation there was homeowner tax relief.

Trade skills, knowledge of the local area or just an idle set of hands that can take on projects.3.

I am a plumber by trade, I flip houses in my spare time but own my own plumbing business.

If you go to an auction and buy a house using the IRA, or have someone bird dogging properties and occasionally your IRA decides to pick up a deal that can be quick-turned, that is a less involved approach.The second issue is that when an IRA engages in a trade or business on a regular or repeated basis, the gains are taxed as Unrelated Business Taxable Income (UBTI). 

I'd probably also recommend talking to an experienced CPA (someone who know real estate) to learn about the tax consequences.

I'm an engineer by trade and do HVAC design work.

You will profit from their ignorance of the market, but that is just market economics - don't feel bad about it.Roofing is a very lucrative trade.

Learn the trade!