How a Free Kitchen Cabinet Changed My Client’s Real Estate Journey💡🏘️ My former client, Mary, was thriving by flipping McMansions in the KC suburbs—until one Craigslist post changed everything for her.🛠️ After demoing a 3,500 SF home in Johnson County, she listed a leftover kitchen cabinet for FREE on Craigslist.

Life comes at you hard and fast and none of us makes it out unscathed.

Violating this can blow up the tax advantages.Bonus Option: Solo 401(k)If you have any self-employed income (even part-time), you could set up a Solo 401(k).A Solo 401(k) offers even more flexibility than an SDIRA:Allows real estate investingHigher contribution limitsEasier to take out loans against itMore streamlined for checkbook controlTax ConsiderationsNo taxes or penalties on the rollover if done properly.Your investments grow tax-deferred (or tax-free in a Roth SDIRA).You can’t claim depreciation or take normal real estate deductions for properties owned inside an IRA but your profits avoid capital gains tax while inside the account.What You Should Do NextContact a self-directed IRA custodian (like Rocket Dollar, Advanta IRA, or uDirect IRA) to set up an account.Let them handle the rollover paperwork from your old 401(k).Start identifying real estate deals you want to fund using SDIRA rules.Work with a tax pro or CPA familiar with SDIRA rules to stay compliant.This post does not create a CPA-Client relationship.

I want to be able to make enough from my non w-2 to be able to make it in life.

Creating passive income is difficult!

I don't see this as changing the landscape in any meaningful way, for 99% of syndicators. 

Another idea is to consider a single-family home with a rentable garage apartment or a layout that could be split—sometimes this creates the same financial result as a duplex.

I know this isn't the answer you were hoping for but it will be difficult to create generational wealth if you're already starting in a hole.

@Russell Brazil does that change your input on that?

My life along with the life I am trying to build for my partner (our aspiring family) cannot wait on me and my ambitions.With that being said, I've decided to change my strategy from finding a house hacking property to finding a long distance rental while also finding an apartment to rent for my partner and I.