Also, consider the potential for project delays, which could increase your holding costs.When it comes to getting the property under contract, engaging an investor-friendly real estate agent is a wise move with the first couple of deals.

To be engaged in a trade or business under section 162, the taxpayer must be actively involved in the activity with continuity and regularity and the primary purpose for engaging in the activity must be for income or profit."

Xueling XuIf you're planning to sell to an owner-occupant, I'd recommend you engage a licensed San Antonio mortgage loan originator (MLO) who has closed seller financed transactions.

Worse yet, a lot of those folks have in some way destroyed their plan through lack of proper administration or by engaging in a prohibited transaction.Find a provider that implements and fully supports the Solo 401(k) plan.  

In some of the neighborhoods where we manage multiple properties, we've found that taking the initiative to report incidents and engage the authorities has led to significant improvements. 

Here're a few more questions to consider: How long have you been actively engaged in real estate investing?

.—(1) It is unlawful for any person, with intent to defraud the owner of real property, to engage in equity skimming, which is, to:(a) Purchase, within a 3-year period, two or more single-family dwellings, two-family dwellings, three-family dwellings, or four-family dwellings, or a combination thereof, that are subject to a loan that is in default at the time of purchase or within 1 year after the time of purchase, which loan is secured by a mortgage or deed of trust;(b) Fail to make payments under the mortgage or deed of trust as the payments become due, regardless of whether the purchaser is obligated on the loan; and(c) Apply, or authorize the application of, rents from such dwellings for the person’s own use.(2) A violation of subsection (1) constitutes a felony of the third degree, punishable as provided in s. 775.082, s. 775.083, or s. 775.084.History.

The more you engage with them, the more you'll learn their 'lingo.'

I would like to connect with a good CPA before I get too far along to help make sure I’m engaging in solid strategy and help with my returns at the end of the year.

I'm considering engaging him to do what you're trying to do, but with a ROBS.