Self-directed IRAIf you are self-employed with no w-2 employees, you can set up a Solo 401k & rollover funds from a non-Roth IRA as a tax-free direct rollover and then invest in real estate.A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

what tips are there to putting your newly renovated principal residence up as a rental or are the steps to consider the same as acquiring a new unit to rent out?

Hello, Just acquired my first duplex.

I would love to hear any advice, recommendations on where I can acquire more knowledge or even a good book you think I should read.

@Julio Velazquez this has been my strategy to acquire 100 rental properties and become a decamillionaire.

We can show you examples of investors that acquired properties early and because of that have done very well in a relatively short time.

I'm looking to acquire my first rental property. 3-4 Bedroom, Between $130k-$210k, with no more renovation needed than just cosmetics- planning on having it managed professionally.

@Bud Evans Just curious how did you acquire a 72k SFR for only 2,500?

So I’m new to real estate, but I’ve acquired some knowledge.

Just to add a little more, to meet the requirements of the like-kind exchange, the seller must inform the intermediary within 45 days (so there is a bit of a time crunch and you'll want it set up and ready to go) which property is being exchanged and acquired.