@Patrick I’m new to this as well but I would recommend talking with a CPA.

I am a huge advocate in getting a good accountant - don't go cheap, get an experienced CPA to help you.1b.

As a CPA it is definitely more of our DNA to be retroactive since we are constantly reporting what happened the year prior.

Your seller will probably want to run this idea by their CPA to makes sure it doesn't create tax issues for them (could get weird if they're doing a 1031) I'd still want to run this up the flagpole with an underwriter in advance.

I suppose any CPA would tell you to be cautious about paying yourself to do the junk removal, or otherwise trying to inflate your expenses...But cleaning, painting, repairs, landscaping, advertising, insurance, taxes, etc are all very common operating expenses for a rental property. 

We are seeking a CPA for tax preparation and longer term tax planning.

This will help a tremendous amount.This can depend also on the attorney and CPA you use.

I strongly recommend you get a qualified CPA or attorney to guide you in the usage of your self-directed IRA.

@Xiaoyan Liang @Lien Vuong1) You can use your business funds IF you own 100% of the business and it will not harm your business (You will need a CPA or letter from accountant)2) Yes we will verify you are still in the business.

Consult your CPA.