Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

You will have to get the property appraised at the time of distribution to determine it's value and the amount of distribution will be taxable event unless you are taking distribution from Roth and have met the requirements. 2) Non-recourse lending means that the borrower does not provide personal guarantee for the loan, the underlying asset is the only security for the loan.3) You can contribute into an IRA independently of your 401k contributions, assuming you are eligible based on your income.4) If you set up truly self-directed Solo 401k plan you can invest into virtually anything except collectibles and any transactions involving disqualified person.

On thing I can depend upon is me to take care of business and secure my investment.

They file the lawsuit.

I'd recommend using it for a flip if you can secure enough of a personal loan, and possibly leverage with hard money- as most lenders want skin in the game on projects.

Now we all have to file the self employment 1098 tax.

Vickie,Here is a blog that wrote on deductions from security deposits, but always a good idea to read over your States landlord tenant laws;Security Deposits VS Normal Wear and TearThis is probably one of the hardest things to determine and explain.

@Basit Siddiqi we have not filed for the year yet.

If you want to prevent them from selling to someone else, you could file a lawsuit in the county where the property is located and immediately record a notice of pending litigation (lis pendens) with the county clerk.

It sounds like the errors were caught before filing, which is good.