Is it just earned income?

I am paying him anyway but this year I would like to allow him to place the earning in an IRA.

The entire management rights will be bought in a unit trust, my share of the unit trust will be held in a family trust, which will have a company named as trustee.So I will basically be earning business profit, and have the appropriate legal/financial structure setup in Australia, and was wondering1.

Clean was used on the property before you rented it but after you bought it, it's an expense on that property.Paint, that can fall in either category, if the whole house is painted and contributes to a longer economical life of the property and it's use, amortize the cost, if you just painted the trim at a minimal cost you can expense that.Cleaning units will always be an expense, cleaning supplies and disposable items like a sponge, they don't extend the life of the property but are done to market the property.The key is in extending the economical and financial life of an earning asset.

No one will look after your hard earned money like you do.

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Interest rates are so low now, even CD's are earning less than 1%. 

Maricopa county works more like NJ where you can hold and keep an individual year of liens without buying the sub taxes.The sub taxes earn the same amount as your original lien. 

If you are for example a flipper who has earned income and no employees then a solo 401k can be a great option. 

Do yourself a favor and partner with a seasoned investor so you can learn while you earn and limit your liabilities.