There are legal definitions that come from or are adopted by IRS Code, "Investor" is one of them, so is "Operator" after 6 years on BP, I've come to accept the popular term of "investor" in social interactions on the internet, how we use the term, but the true meaning remains as the Code sets out.Doing a sandwich lease is perfectly fine, if allowed by state law or it isn't prohibited, I doubt sub-letting a residence would be. 

It's steep, no doubt about it, and it's the number one complaint in the agent feedback.It would be cost prohibitive to regrade the driveway (if that's even possible given the lot)..

However, the complexity with incorporating the concept of the Delaware Series LLC in California can be prohibitively expensive; insomuch as, California recognizes each series as a separate LLC, ergo $800 tax for each series.

Hi all,I'm Jason, I'm here in sunny, beautiful, cost-prohibitive SoCal. 

You may want to speak to  your financial advisor as to how much to roll over and to where, Luckily there are several of us on the BP boards who work for self directed custodians, so you can usually count on sound advice in terms of what would be acceptable behavior and avoiding prohibited transactions. 

Doesn't mean they have to accept a short sale, just that they have to review and consider, and during that process must not continue with any foreclosure event (Dual Tracking prohibition against "Furthuring the foreclosure process").

Even if I did, the most significant resources in that area are prohibited to me by federal law.  

Its also a pretty good resource on what constitutes a prohibited transaction, who disqualified people are etc.

Due to some Government Ag programs that they were enrolled in, the family is prohibited from selling minerals off of this land............I however am NOT! 

Purchasing from a family member.I did find one online, but it said, "Use for NHAR Realtors only, all other use prohibited".