Maybe think of the fact that if you put all those properties in an LLC, you'll have a heck of a time getting an umbrella policy so you'll have exposure.

However, it has taken a long time to resolve, and ultimately, we both decided it was best to let the contract go.

@Michael Plaks is spot on - character wise, 1099-R income falls in the same "bucket" as a W-2 wage would be, thus to offset this income with real estate losses, it follows the exact same pathway (ST rental with material participation or REP status with traditional rentals), but since you don't have all your time sucked up with a W-2 job, you have much greater flexibility to hit those related hours thresholds under those paths as well.No idea if he's taking clients - but if you are looking for local(ish) and qualified in TX, Michael is also likely a great one to reach out to.

You will also have an easier time getting signed up with wholesale lenders that may require you to be licensed to do loans with them. 

This number is a low multiple if she is earning $84k year gross.I flip homes and my business has slowed and would love to manage it full-time still self-service style but add some wash/fold/dry a few days a week for additional income and update machines and coin to card reader.

The home had over 1.5 million in equity at the time but that was all they would offer.  

I am buying a property but will be outside the US at the time of the closing. 

There's a house like this down the street, busy all the time. 3 units of varying size on one residential lot. 

The letters I've received were the first time I've ever heard of the IRRRL.

The items listed sound like they were going to have to be fixed anyway,so the $$$ is what it is.... but the timing sucks