After a year, you may decide to stay with it or you may decide to research further and look for something that better suits your needs.  

The type of self-directed IRA that will best suit your situation and goals will drive the process of identifying the right firm to work with.A self-directed IRA custodian is a processing entity.

Since this is your first rental, using QB would suit you well.

Take that money and invest it into whatever you want. 2) Buy her out, which will require 110k cash, then you'll need a construction loan (or more cash) to build a house. 3) Buy her out and sit on the land.4) Offer for her to buy you out and move on to whatever venture that suites you. 

The one I feel best suits my current situation is Wholesale.

Which has worked out well.We have an Instagram that I showcase my Real Estate and and IG and FB for my wife's business.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $410,000

Cash invested: $5,000

Super cute 2 unit in an A neighborhood with REAAALLLLY nice cash flow. We mak...

Imagine the worse case scenario and you find yourself in court over a wrongful death suit because of something that happened with one of your properties and you have to answer all the questions about your decisions to hire the unlicensed, uninsured contractor.

I'd like to suit myself for success and would like to learn more about the tax benefits available for me. 

Master suite tucked away on main w/stunning 5 piece bath featuring a 9' long shower w/floor-to-ceiling tile and dual shower heads.