Always consult with your attorney before you rely on the above information.

Always consult with your attorney before you rely on the above information.

After consulting a lawyer she is no longer interested in trying to obtain the house and plans giving the house up to the lender.... is there any creative solution available in trying to acquire this property?

However, if you do not know what a comp is or how to determine value please consult with a local RE professional for some help before you just put it out there for everyone.    

Please consult your personal CPA.I did a search on this topic and didn't see much discussion, so I figured I'd chime in. 

If the family member isn't comfortable with that particular tax return and is uncertain about any potential gift tax due based on their individual facts and circumstances it may be advisable to consult a professional.

I am not sure though so please consult your lawyer.

Most of the Solo 401(k)s I see are for consulting income from sole props and for practicality we roll them into IRAs after they've served their purpose.

I'm self-employed, and have a fairly decent gig as an airbnb consultant/property manager, but I just started in April, and my last 2 years tax returns show very little income.

Did you create your scope of work yet with your 203k consultant?