If there were any special allocations, preferred returns, subject to business interest expense limitations, etc, depending on complexity could go up to $5k+.

For example, you can end up winning the bid on a second mortgage foreclosure, which means you will take title subject to the existing first position mortgage.  2. 

Heck, it might have been upward of $20k, I now forget.Please help with the original subject though.

If the $10,000 limit is exceeded, the earnings portion of the excess distribution is included in the individual's income and is subject to a 10% penalty.

Are you looking at any outlining areas of Nashville and Middle Tennessee?  

While it would still liquidate my cash assets (and potentially require me to take out lines of credit/tap into my IRA) it would be for a shorter term with greater immediate return.

When is a non-financed house flip inside of a SD IRA or Solo(k) subject to UBIT? 

@Kase KnochenhauerThere are posts almost every day in the forums regarding Solo 401k plans.Please see the following regarding Solo 401k vs Self-directed IRA, Considerations re Investing in Real Estate & Consideratiosn re Choosing a Solo 401k provider:Solo 401k vs Self-directed IRA:A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

There are ways like "subject to" but I've never been a big fan, because you still don't own the property and/or the existing mortgage can be called due.- Tom

Quick background on the subject property; To cut to the chase I am interested in a property that is up for auction tomorrow morning that I just found out about through a good friend.