You would use a new LLC that is owned originally and exclusively by the IRA. 

However, since these pipes are exclusive to the unit and the problem is deemed normal wear and tear, it's likely the landlord's responsibility.It's always advisable to review the lease agreement and insurance policies for specific coverage details. 

BP is a great Community, but it doesn't focus exclusively on passive syndications so it might make sense for you to look for some groups that have a more narrow focus. 

You should not get any tax stamp as there is no change of control if you still own the LLC.The section 121 exclusion will only work if you sell the property to a different taxpayer.

Running an apartment complex is often more like adult daycare than managing a business.

Understanding we're all emotional creatures helps but at the end of the day this is business and if we can't communicate like adults, it isn't going to work. 

Let's rope that pony out of the herd And set a brand on him all by himself, exclusive of the other issues.

I also have a state-specific lease that I use for every adult who will be staying in the property.

This can give you bigger tax deductions sooner, which might help balance out the tax you owe on your sale.Capital Gains Exclusion: Since you lived in the property as your primary residence for at least two of the five years before selling, you might already know about the $250,000 (single) or $500,000 (married filing jointly) exclusion on capital gains.

This is where the second issue comes: hyper inflated figures that come from nowhere.Now imagine that the agent knows a developer that's creating a new seaside resort in the middle of nowhere, say in Panama and gets some sort of exclusivity to sell the huge amount of condos to be built to his US clients.