You cannot form a separate LLC you personally own and then us your IRA to fund a property.

I have been able to form a healthy buyers list, which includes TWO major players, Blackstone Group, and American Homes 4 rent!!

The reimbursement of premiums and out-of-pocket expenses, under a properly formed Section 105 Plan, will be an expense to the company, thus reducing income tax and self employment tax, and will be a tax free benefit to my wife.I am aware that I could have formed an S-corporation or an LLC to be taxed as an S-corporation, which would have allowed me to pay myself (i) reasonable wages (which would be subject to self employment tax) and (ii) an owner's distribution (which would not be subject to self employment tax).My question is, however, having chosen to form a single member LLC, can I reduce my self employment tax by loaning money to the company (done properly and documented with a promissory note, etc.) rather than making a plain vanilla capital contribution, and charge myself a reasonable rate of interest, which would then create an interest expense for the business (reducing net income and, thereby, reducing self employment tax) and create taxable interest for the owner (subject only to income tax and not self employment tax)?

Some percentage of you will want to ensure that you've included $530 per form as a business cost.Admittedly, the IRS isn't very fast at finding these things, but when they do find them, they are quite thorough.I just successfully negotiated a fine of Intentional Disregard plus associated interest from $35,000 down to $9,000 for my new client, but it still sucks for them and they are really wishing now that they had issued the forms. 

You must factor those into your internal pro forma otherwise you run the risk of unforeseen expenses.Hope that helps and good luck!

If the tenant answered "no" the inspector would check off the form as passing inspection, without going into the unit past the front door.

I've just noticed on some of these Pro Formas from various companies that they're putting their appreciation on value and appreciation on rents at the same level and that's just unrealistic. 

Current Rents: One unit $485 and Two units $550.Market Rents: $652/UnitCurrent Annual NOI: $11,886Actual CAP: 13.36% Pro Forma CAP: 15.70%(5% Vacancy & Taxes, Insurance, Water,Electric, Gas and 10% Prop Management included assumed)Accepted offer details:Purchase Price Accepted: $85,000 (Was hoping to come in lower, but we are acquiring off a wholesaler)EMD: $5,000.00Rehab Cost: Light to No Rehab Needed ($5k-$10k if needed for Capital improvements)ARV: $115k - $186kNOTE: There was actually NO COMPS within a mile radius, so I had to extend out 10 miles and a year back of comps and found only two triplexes that recently sold at and in between those two prices (ARV) mentioned above.

Ive listened to "the book on managing rental properties" by brandon turner. in the book, in podcasts, it is repeatedly stated to form a process or procedure for every aspect of your business. ive decided to begin putting my binder of processes together so that i may reference it when needed. what do your processes look like?

And the six month gap is not accounted for in the R2R pro forma.