People are being more cautious with spending as stimulus money is gone, cards have high balances, many folks are losing their jobs and inflation prices are very high.

Is that information the selling agent would provide to me?

VA financing How did you add value to the deal?

How did you add value to the deal?

If I directly hold rental properties under the 401k, and only use this account for operating activities, I need to be able to send out wires for property earnest money and down payments, and also provide the account number to my property manager if I need to make a contribution or if they give me monthly rental distributions.

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

However, their high income/credit scores are a problem.

Biggest issue is high cost property in my area that’s preventing me from getting started.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Trust: For passing properties to you and your sister, a trust may be better for estate planning, while an LLC provides liability protection.