Since you self-manage, create a shell property management LLC and run your rentals management through it, charge yourself pm fees, thus generating self-income, thus being able to open Solo-401K where you can contribute 56K+/year tax deferred  (you will have to pay self-income tax, but might end up better than paying full tax on rental income...check with your CPA as this requires planning).

Hi this is my first post.last year I created an LLC and move two properties into it, my wife and I own the LLC and we both owned the houses as well.houses have been rentals since 2019, and LLC was created on 2023.this year my CPA says I need to pay over 17,000 USD in taxes to the IRS because"This is a one time thing moving the properties to the LLC.

Thanks Jamie, I didn't know about that FF detail.

If you create a nice product, it will rent.

They must now make 3 payments of interest only payments of $495.60 to continue on this program.Please let me know any further details you may need or any insight you can provide.

Check out the site for more details: https://thegarageden.com/What made you interested in investing in this type of deal?

For those using GPTs, I have created a GPT to calculate and explain cash flow, ROI, cap rate, IRR, and cash on cash return.

I also have over 100k of available credit on credit cards I could use (I have worked so hard to create great relationships with CapitalOne and Chase after bankrupty to have this, and don't live on credit card float).

Once completed, it would create a nice little quote for you to print as your new Projected Cost of Renovations. 

Transfers are easy to set up and you can even create rules on when to transfer funds.