Lavelle Law, Ltd. has long been able to connect with clients via teleconference and will continue to offer this service throughout the current pandemic.Cash transactions may be closed electronically via e-mail and electronic signature technology.

Since it’s not my first property, I think I can deduct operating costs on Schedule E without worrying about “date placed in service” issue, but I also read it here on the forum that the related rehab cost should better be placed on line 19 (Other list) on Schedule E, otherwise, it may affect Debt-to-Income calculation when it comes to refinancing.

I use Sch E for my rental income properties.

@Lynnette E.

I agree, in just a short amount of time, the R/E market has come to almost a complete halt. 

Originally posted by @Lynnette E.

@Ralph E FreemanIf you have established a Solo 401(k) with a reputable provider, they should be able to assist you with all of these very basic operational questions.If you have obtained a set of 401(k) plan documents with no meaningful support, then you should engage a CPA or attorney who is familiar with IRS rules and the operation of a self-directed retirement plan.

When I speak of the E/E strategies, I'm referring to specifically how the money (your cash) enters and exits the deal.Every property will have varying final costs to the REI, depending on the strategy they use to enter the deal. 

. + G & E Finance- Private Lender/Dad; PP + Rehab (8% int. rate)

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*This link comes directly from our calculators, based on information input by the member who posted.