As such, the plan is only covering the employer and not anybody else's retirement savings, and the administrative framework is greatly simplified.  

UDFI on operating income is really more of an administrative chore than a cost impact.If you were to sell the property while financing is still in place, then there may be a bigger UDFI cost there.At the end of the day, the use of debt-financing ups the complexity of the investment, but should very much provide your IRA with the benefits of using leverage and the higher cash-on-cash return leverage brings.UDFI on debt-financed property does not apply to 401k plans, so if you are self employed and have no full time employees, a Solo 401k would be a better platform.

When we did our $220M raise we reached out to a couple of groups who charged an administration fee for travel and also a per investor fee in the back end (worked out to be roughly 1 - 2%.

You will use services of a company like us to draft IRS-approved plan documents, assist with funding and the administration of it.As part of the plan a Solo 401k Trust is created.

Your employer probably has a 401k administrator that would handle those tasks while with a Solo 401k you will take care of that (with the help of your Solo 401k provider if they offer such assistance).

The longer you wait the more expensive the appraisal will be, establish the basis ASAP and I agree with Dave, this should have had this done by the Administrator or Trustee through probate approval. :)

I contacted the entire Board and the Superintendant, whom I am acquainted with, in addition to 3 other administration employees and it was all spelled out; no misunderstanding possible.

That is just added administrative work for you.

You will not prevail if you attempt to sue Wells Fargo as they will typically use Wright, Zak & Finley and you will lose on summary judgement.For well over (30) years, my primary business is financing inherited California property during the course of trust and probate estate administration.

I have a couple administrative helping me with office tasks and managing our subcontractors.