Any insights you can offer would be greatly appreciated.Thank you!

From this S-Corp she will draw a small salary as a W2, and the remainder will not be subject to S.E. tax, FICA or Obamacare and can be placed directly into her solo 401k or a Back Door Mega Roth.I am definitely going to speak with my CPA, but wanted to see if anyone else had any insight if this was feasible.

Your real estate experience, especially in property management and leasing, is valuable.We have a wealth of resources and discussions that can provide valuable insights and connections here.

IRS Publication 925 goes into more detail about this.If you aren't able to qualify for either, you still do get advantages in that you would be allowed to carryforward these passive losses to a future year to offset future passive gains.

The properties will gain value with the appreciation quickly. 

Can I please have both of your insight?

Hi Everyone,In advance, thank you for any insight.

If you're willing to put your 10k into a deal and you have time to give, you could negotiate with someone who has some money and expertise to put a deal together.Otherwise, finding a way to utilize that 10k to a house hack, find some people to live with you and pay rent, gain some sweat equity, etc, and you'll be well on your way with your 2nd property!

Starting with a more traditional approach for your first rental property might be wiser to gain experience and save gradually.

I am hoping for any advice/insights on how to proceed.