I have invested with them for several years and I am very satisfied.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

@Will Coleman Good job that has to be satisfying! 

I could save another $20,000 to put me in a more satisfying place where I am happy to put a down payment from my own capital which would take some time but I doubt the property will still be on the market by then.

Plus another million or so to satisfy deposits, costs and lender’s liquidity requirements. 

My letter sets forth the same content, but in more detail.The last time a Tenant terminated the lease early, I satisfied my damages (“cost of reletting”) out of the Tenant’s security deposit.You should study your State statutes and your Lease Agreement and follow the law in your State.

It states that:[T]he corporate form may be disregarded and individual shareholders held liable for corporate misdeeds when (1) control over the corporation by those to be held liable was so complete that the corporation has no separate mind, will, or existence of its own, (2) control over the corporation by those to be held liable was exercised in such a manner as to commit fraud or an illegal act against the person seeking to disregard the corporate entity, and (3) injury or unjust loss resulted to the plaintiff from such control and wrong.The test is conjunctive and requires that the plaintiff can satisfy all three prongs of the test.

The downside is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.

This is why you loan funds to the flipping LLC as it would not b taxable if you convert it to a rental as long as it is simply to satisfy the loan given to the LLC.

If a lender reports the loan on your credit bureau as settled or satisfied, they will have a hardtime going after you for the deficiency.