All regular contribution rules apply (e.g., contribution limit per IRA owner, Traditional and Roth IRA aggregation, Traditional IRA deductions, Roth IRA MAGI limits).

Regular quarterly reports are being filed, but the company at this time has no assets. 

Are there are regular networking events happening in Tucson that I can start meeting some of the Tucson investors in person?

The fees are getting closer to regular IRA's and the company you set up with will typically provide the administrator for you.  

Others in my area, regularly collect last month rent up front.  

Not a regular CPA, find a CPA who knows/owns property!

So I've been looking at different options to get into the rental real estate arena and for someone who works at a senior management level with a full time job it seems that Turnkey properties would be ideal to at least start out with and start attaining cashflow but I've read good things about TK's and not so good things.

Meaning I would have a personal capital gain of 750,000-453,000 = $297,000 Since I'm married this falls completely under the $500,000 exclusion.For the business capital gain it would be 750,000-453,000 = $297,000 Taxed at 15% capital gain = $44,550I also have a 'depreciation recapture' of $56,000 which I think is taxed at my regular income tax rate (28% federal + 6.65%) $19,404Generally curious to know if those numbers look ballpark correct.Some other specific questions include;1) Is the split between residence sale and business sale done at 50/50 or is is percentage based on living space (ie 30/70)?

Just get a 3rd party septic inspector in addition to the regular inspector.

How much could i help our team by attaining this license and how much money could I potentially save him by becoming an agent?