However, we find that most investors aren't familiar enough with the IRS regulations to keep themselves out of trouble.One of the benefits of owning property directly in the IRA is we can help keep you within the guidelines in order to protect the tax advantaged status of your account.Once someone invests their IRA into an LLC we no longer know what happens within the LLC.

The C corp was not formed strictly for the purpose of owning a rental property.

From a strictly financial standpoint, I cannot argue against the fact that renting in area and buying better cash flowing properties out of area could generate a better cash situation, although out of area equity built through rent might not be as good if the total mortgage is much lower.

The funds are actually delivered for deposit to the financial institution in a timely manner, which shall not exceed three business days as defined in Federal Reserve Board Regulation CC, 12 C.F.R., Part 229, after the funds are received.

Strictly speaking the promissory note is just the piece of paper, but "note" is very often used to mean the loan itself and not just the paper.For Bob, this note is a liability. 

After allowing myself time to "grow up", or assimilate, my gut feeling has only been substantiated: I strive to be an owner acting on a vision, not strictly a manager or practitioner under contract.

I say this because not only are they Usually more familiar with the law and regulations,  but they can provide great referrals.

@Michele Foran The company I work for Invests strictly in Manhattan Real Estate.

But I'm still waiting on approval of the mobile homes because of the strict zoning laws here on parks.

For a certainty, there will be inspections to verify the number and placements of this HPS.None are HOA owned . . . hoa's 'own' nothing, but regulate common areas.'