This means that every partner is liable for his or her own actions, the actions of the other partners, and the actions of employees of the business. 2.

@Edward NgYou S Corp can adopt a Solo 401K plan (as long as there are no full time non-owner employees).

@bjorn - The 1% rule is super tough to come by on the ne side of san antonio.

That’s a tough call .

Occasionally, you might find one that works on there, but you're better off using Loopnet to practice your underwriting as you're starting out and to connect with new brokers.Furthermore, an 8% cap rate is very tough to find at this point in the market cycle. 

In the past I've reported employee violations.

If you can’t handle being the owner, and being honest, and being responsible for some tough business decisions, hire a Property Manager.

We have a virtual assistant there who does the following jobs -* Quickbooks Data entry* Run payroll* Handle all aspects of insurance certificate upkeep* Run monthly insurance reporting (WC/GL)* Update payables/receivables into a weekly list for me* Pay vendors/subs at my direction* Order office supplies* Order materials for jobs* Order dumpsters and portapotties* Post images to social media* All the oddball jobs that take time but don't take a lot of thinkingWe previously had a full time employee doing this, and actually had a hard time keeping her busy.

Self-directed IRAIf you are self-employed with no w-2 employees, you can set up a Solo 401k & rollover funds from a non-Roth IRA as a tax-free direct rollover and then invest in real estate.A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.

Thank you @Sean Tyson, that's gonna be a tough one!