(Obviously this question is for if your monthly incoming from other properties and/or W2 don't cover it).

Hello everyone, I started a few months ago to do research on Tax Lien and Tax Deed investing.I think this is a dumb question, but does the owner know your name if you don't buy them through a LLC?

Then if you end up doing a self directed IRA instead of a Solo 401k from not having any self employment income, you are subject to UBIT rules, which can cost you thousands in fee annually just for the filing depending on the complexity - in addition to the tax owed. 

It may be the best option but there are quite a few other strategies as well that could help lower your tax burden when you move on from this current property.

The reasons are 1- less competition in commercial2- greater property types lead to more opportunities for “value added”3- commercial net income projections include expense for property management, 1-4 unit residential usually do not4- greater “universe” of properties to buy allow higher minimum return standards Of course residential is MUCH easier to successfully deal in, and with reasonable leverage has small downside risk, so I 100% agree that most investors should stick with residential.  

@Erwin McClain many investors want to do this for the extra income, but PMCs do NOT want to do it because those same investors won't pay enough to make it worth all the extra challenges.

My total of all annual expenses is about $220K- everything, insurance, haircuts, leisure travel, property taxes, etc all included in thereI dont want to semi-retire any time soon, but I think it's smart to have long term plans.

Although a DSCR is lenient on your personal income, they will still require a relatively clean appraisal.

You can ask for some proof of income from the past year or funds in the bank for income concerns.  

Hello, I have a few rental properties and I am looking for a program that tells me the overall performance once I input income and expenses.