(working with them is a mutual agreement)5.

The result is it appears it will be most beneficial to hold off until my 2016 taxes are filed so I can count the property management income since it will be reported in 2 years of taxes at that point.

Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business. 

I think he will get rid of Dodd Frank and many other dumb regulations, while also changing the tax structure to be more beneficial, which will create many more jobs and opportunities for business owners to expand their business.Interest rates - will go up someAvailability of money - will improve because of deregulationEmployment - will improve economy growth - will improveRegulation like Dodd Frank - will go away

HOWEVER thank you now I understand much more WHY this is so beneficial and how I can use this purchase to continue to my general goal of being financially free.

Aside from the basis issue that would make a 1031 unnecessary or not that beneficial, would a recently inherited home qualify based on the holding for profit requirement?

Is this the type of project a homeowner can take on with a bank, or are there small investors who can get involved and work out a mutually amicable deal?

I'm not sure if being connected to someone on the other side of the country would be beneficial or not? 

I feel like that would be beneficial for both of us.  

I'm having a hard time locating an insurer willing to underwrite a policy for a house my partner and I are set to close on in a few weeks.I've tried Liberty Mutual, Amica, Arbella, and a few other local sources.