You want to play the charitable hero.

Looking for any creative input on how something like this could be structured.Taking part of the purchase price of real estate as a charitable donation and using said deduction to lower your taxes is tantamount to sending a cover letter to the IRS with your return requesting an audit.  

BTW you said you have a 9-5 so keep in mind you cannot double dip on the employee 401k contribution.

Here are some additional comments to add - please be sure to read the last comment regarding making contributions to both an IRA and 401k.Can I set up a SDIRA if I have full-time job?

When you contribute to a Solo 401(k) as an employee, those contributions are made on a pre-tax basis, which means they are deducted from your gross wages before FICA taxes are calculated.

I’m new to BP and looking forward to connecting and contributing to the conversation.

Additionally, another neighbor who owns an adjacent parcel has expressed interest in joining the project, contributing their land to the development as well.I believe this could be a great opportunity for all of us, especially as a unique retirement plan for my family and my neighbors.

Any insights, advice, or local contacts would be greatly appreciated as I take this next step.Looking forward to learning from and contributing to this community!

Currently, I'm trying to find a tax strategist that will help me learn how to manage tax situations.Looking forward to learning and contributing as I can. 

In my opinion it would be cleaner to split partnership based on monetary contribution and then remunerate each active party for their work if the active work is more on one partner than the other.