However, you are allowed to have a conversation.

@Justin R. we have live reports for our owner clients on their portal that cover this.

I make about 120k a year and will be bringing my girlfriend in who will be paying me rent in this home as I plan on living in one of the units and renting out the other/others (she will have no ownership and understands this she's not what my question is about.).

All the homes I buy are in f'd up areas that I would never live in.

Have you considered how living in one unit and renting out the others can essentially let you live for free?

I will live in the home for 1 year and then reevaluate whether to make it a cash flowing rental or simply flip it.

Since I live in California I was wondering if anyone have experience on here regarding forming a Real Estate Fund or know of anyone that does? 

My husband and I, who live in CA,  are deciding on buying an investment property but we are also taking into consideration my mother, who we currently help with rent down in Lake Nona.

Actually Doug most of them were living in their Mothers garage and well found this system and they are now driving lambos etc.. its a common housing situation for the guru ..

Bonus depreciation would reduce taxes on the IRA itself, if any, and those taxes are likely zero already.Taxes on withdrawing or Roth conversion are on the IRA owner, yourself.