We paid about 5k to replaster and retile the waterline of a 25000 gallon pool...blueish quartz plaster mix last year.

We have used it to buy dozens of foreclosures at auction and market to pre-foreclosures.  

After almost 5 years in the game I have a tenant that has not paid, nor will give me an estimate on when they will have funds.

What happens if they do a shoddy rehab and you've already paid for it, or even worse, don't finish the work.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

MichaelJust for full clarity, for 195 to apply to your expenses they would need to be otherwise deductible in the year paid (but for the fact that your business has not yet begun).

What you are suggesting (no long term partnership) is simplybto have party B step in as a lender in second position where once the loan and interest is paid, then party B is done and party A starts and remains as sole title holder.

We found 3 of the Flips just mentioned pre-market by word-of-mouth & still paid a little too much, but the last purchase/sale made up for that. 

I agree with the rest..... this is a business..... the bank is going to want their $$.... the insurance company will still expect to get paid....and the state will want their taxes....so you should still expect to get paid.

Since each asset is appraised individually in the beginning, the bank just takes off what I've paid from the original amount.