They had a very experienced attorney, were not pro se.

It's the SE Valley, and that has been my primary book of business for over 25 years.

I'm subject to SE taxes but my net income is 0.

I didn't say they were motivated per se, but you'll run into more sellers that are willing to hear an offer when they have high equity.

I agree with @Michael Plaks on the over-recommendation of S Corps, especially for someone making $100k+ at a W2 job for which the SE tax savings would be limited since they already max out social security tax.

I meant to say a deferment in payment and not a "discount" per-se.

I dont think its valuations per se..

Not implying it is a bad investment, per se, but unless you understand how to maximize values and what risks are appropriate to take, you might as well throw your money into a money market or S&P index fund.  

That can trigger Unrelated Business Income Tax (UBIT), which most investors want to avoid inside an IRA.That said, the rules aren’t about “flipping” per se...they’re about the level of involvement and intent.

I'm using quotes mainly because I don't necessarily mean cash flow per se.